BOSTON, April 02, 2019 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leading provider of security analytics and automation, today announced it has acquired NetFort, a company that provides end-to-end network traffic visibility and analytics across cloud, virtual and physical networks. Rapid7 plans to bring NetFort’s network monitoring, visibility and analytics capabilities into its Insight cloud to help customers securely advance.

Rapid7's Insight cloud delivers a unique combination of network visibility, security analytics, orchestration and automation used by organizations to manage risk, detect and stop attacks, and orchestrate security operations across their modern networks. The Insight cloud processes billions of events and monitors millions of assets daily, collecting and analyzing data from the endpoint to the cloud.

Bringing NetFort’s network monitoring, traffic visibility and analytics capabilities into the Insight cloud will allow Rapid7 to consolidate even more data and analytics into a single platform for security and IT professionals. This will improve their ability to detect attacks, investigate incidents and gain increased visibility into devices that pose a risk to organizations.

“We were immediately impressed by NetFort’s technology and the deep network protocol expertise inherent across the team,” said Lee Weiner, Chief Product Officer at Rapid7. “By bringing NetFort’s network data and analytics to our own platform, we enhance security analysts’ capability to unearth risk, detect attacks, and investigate incidents more effectively.”

“We are delighted to join Rapid7 and believe this is a testament to the capabilities of our people and our technology,” said John Brosnan, Chief Executive Officer at NetFort. “Rapid7 will help us apply our network data insights across their cloud-based platform to improve the security posture of our customers.”

The acquisition of NetFort is not expected to have a material financial impact to Rapid7’s Annualized Recurring Revenue growth, revenue, non-GAAP operating income, and non-GAAP net income per share for calendar year 2019, as guided on February 7, 2019.

About Rapid7
Organizations around the globe rely on Rapid7 (Nasdaq: RPD) technology, services, and research to securely advance. The visibility, analytics, and automation delivered through our Insight cloud simplifies the complex and helps security teams reduce vulnerabilities, monitor for malicious behavior, investigate and shut down attacks, and automate routine tasks. Over 7,800 customers rely on Rapid7 to improve security outcomes and securely advance their organizations. For more information, visit our website, check out our blog, or follow us on Twitter.

About NetFort

NetFort provides network traffic and security monitoring software for virtual and physical networks. NetFort’s flagship product, LANGuardian, provides powerful, deep-packet inspection technology so that businesses have comprehensive visibility across their networks. Established in 2002, NetFort is headquartered in Galway, Ireland.