BOSTON, March 13, 2018 (GLOBE NEWSWIRE) -- Rapid7, Inc. (Nasdaq:RPD), a leading provider of analytics solutions for security and IT operations, announced today the pricing of an underwritten public offering of 2,000,000 shares of its common stock at a price to the public of $26.25 per share. All of the shares are being offered by existing stockholders and Rapid7 will not receive any of the proceeds from the offering. The offering is expected to close on or about March 16, 2018, subject to satisfaction of customary closing conditions.

About Rapid7

Rapid7 (NASDAQ:RPD) is trusted by IT and security professionals around the world to manage risk, simplify modern IT complexity, and drive innovation. Rapid7 analytics transform today’s vast amounts of security and IT data into the answers needed to securely develop and operate sophisticated IT networks and applications. Rapid7 research, technology, and services drive vulnerability management, application security, incident detection and response, and log management for more than 7,000 organizations across more than 120 countries, including 52% of the Fortune 100.