Frost & Sullivan Awards Rapid7 2013 Global Vulnerability Management Market Penetration Leadership Award

Boston, MA — February 18, 2014

Frost & Sullivan has presented Rapid7, the leading provider of IT security risk analytics and insight software and cloud solutions, with the Vulnerability Management Market Penetration Leadership award. After a careful survey and rigorous research process, Frost & Sullivan determined that Rapid7's revenue grew at a faster rate from 2011 through 2013 than the other vendors in the vulnerability management space.

"Rapid7 is renowned for its reputation in vulnerability management, which is an integral part of any security program," said Chris Kissel, Frost & Sullivan industry analyst. "Because Rapid7 has made significant investments to ensure that its offerings reflect the dynamics of the industry, including the increase of mobility and cloud-based assets and application in networks, the company's growth continues to exceed that of the total vulnerability management market."

In the report, Frost & Sullivan attributes Rapid7's success to several key performance drivers, including:

• Business expansion: After receiving Series C funding, Rapid7 expanded its engineering facilities in Los Angeles and Austin, strengthened the innovation center in its Boston headquarters, established offices in London, and expanded offices in Hong Kong.
• Smart product creation: In 2013 Rapid7 announced two new solutions, Rapid7 ControlsInsight and Rapid7 UserInsight, to deliver visibility, insight, and progress trending for information security professionals. The company also continued to deliver portfolio improvements to its existing products.
• Strong product features: Frost & Sullivan highlighted the penetration testing capabilities of Rapid7 Metasploit, the compliance reporting of Rapid7 Nexpose, and Rapid7's VMware partnership. Rapid7's vulnerability management solution integrates directly with the new VMware NSX platform, delivering next-generation insight into risk management of virtualized environments.

The Frost & Sullivan Vulnerability Market Penetration Leadership award caps off a record year for Rapid7, which included outstanding support from the security community, steady customer growth, and industry recognition.