Sunday, February 5 2023

Rapid7, a Boston, Massachusetts-based provider of data security and analytics solutions that help security teams reduce vulnerabilities, monitor for malicious behavior, halt attacks, and automate routine tasks, has announced its acquisition of IntSights, a New York-headquartered and Israel-born cyber threat intelligence company for $335 million.

IntSights monitors the dark web to identify threats such as data leakage and malicious activity that are targeting an organization’s digital footprint. Rapid7 provides PCI DSS compliance security solutions for mid-market financial services customers.

The acquisition will strengthen Rapid7’s extended detection and response offering by enabling high-fidelity alters that ensure earlier threat detection and accelerated response times, according to the deal announcement. IntSights’ external threat-intelligence capabilities will provide Rapid7 “customers with a unified view into threats, attack-surface monitoring, greater signal-to-noise ratio, relevant insights, and proactive threat mitigation,” wrote Rapid7 chairman and CEO Corey Thomas in a blog post.

Following an acquisition of Alcide in February, this marks Rapid7’s second acquisition this year.

Previous

Met Police Seize £180m in Cryptocurrency

Next

Banking Regulators Release Proposed Guidance on Third-Party Risk

Check Also

Widget

Don’t Miss

Cyber Executive Moves: Appgate, Trellix, Rubrik

Julia Bischoff

Appgate appoints a new CEO, Trellix hires loanDepot’s CISO, SANS Institute taps new CISO director. Secure access solutions provider Appgate appointed Leo Taddeo as chief executive officer and president. Taddeo stepped into the new role after serving as Appgate’s chief information security officer since February of 2022. The SANS Institute, a cybersecurity training company, appointed […]

Cyber Deals: Drata, Field Effect investments, and Veracode acquisition

Julia Bischoff

Cybersecurity venture funding and merger activity: This week’s largest deals were MDR and security automation investments, as MSP consolidation continues to attract corporate buyers. Funding Cork, Ireland-based, data encryption company Valutree acquired $12.8 million in their series A funding round, led by investors Molten Ventures and Ten Eleven Ventures. Funds will be used to expand […]

Cyber Deals: Spin Technology, CyberArk, Mesh Security

James Hu

Cybersecurity Venture Funding and Mergers: This week’s deals involved cloud security services, data privacy, and industrial cybersecurity companies. Funding Cloud cybersecurity firm Mesh Security has secured $4.5 million in venture funding. The round was led by Booster Ventures with participation from other investors. Spin Technology, a firm providing SaaS security solutions, raised $16 million in […]

Cyber Deals: Cybrary, Ping Identity, Axio Global

James Hu

Cybersecurity Venture Funding and Mergers: Key investments were made in cybersecurity training, secure enterprise browser, and risk management companies. M&A activity this week involved identity security, zero trust, and threat intelligence firms. Funding Cybrary, a cybersecurity training platform, raised $25 million in a Series C funding round. The round was led by BuildGroup and Gula […]

Cybrary Secures $25 Million in Series C Funding Round

James Hu

Cybrary, a Maryland-based cybersecurity training platform provider, raised $25 million in a Series C funding round. The round was led by BuildGroup and Gula Tech Adventures, two of its current investors. Following its $15 million Series B round announced in November 2019, this latest investment brings Cybrary’s total funding to date to $48 million. Cybrary […]

Cyber Deals: Exterro, Naoris Protocol, Cybit Sec

James Hu

Cybersecurity Venture Funding and Mergers: This week, notable funding and M&A activity involved compliance, enterprise security, and vulnerability assessment firms. Funding Exterro, a legal governance, risk, and compliance software provider, completed a strategic recapitalization valuing the firm at over $1 billion. The company, currently owned by Leeds Equity Partners, is targeting a potential 2023 initial […]