BOSTON, MA - October 9, 2012 - Rapid7, a leading provider of security risk management solutions, today announced that it has acquired Mobilisafe - a Seattle-based Mobile Risk Management (MRM) provider - and entered a new market with its solution for managing the risk associated with Bring Your Own Device (BYOD). Mobilisafe's cloud-based risk management solution perfectly complements Rapid7's existing security assessment and management solutions, Nexpose and Metasploit. These solutions enable organizations to gain visibility into the threats they face, manage and prioritize risk, and take targeted action to improve their security. The addition of Mobilisafe enables Rapid7 customers to realize the same benefits across their mobile assets, addressing the challenge many organizations face with employees bringing their own devices into the workplace.
"The trend of BYOD highlights one of the greatest
challenges organizations face in security, which is identifying all the
devices being used to access corporate data, and understanding the
associated threats so they can be mitigated," said Mike Tuchen, CEO of
Rapid7. "With the acquisition of Mobilisafe, Rapid7 addresses this
challenge, providing visibility of mobile devices and enabling
organizations to manage their risk and take mitigating action. This
builds on our existing expertise in managing IT risk across on-premise,
cloud and virtual assets."
Rapid7 announced its intention to expand its offerings through acquisition as well as internal development when it received $50 million in funding. Mobilisafe, founded in 2010, was an obvious choice, complementing both Rapid7’s software offerings and its business culture. Both companies focus on solving complex security issues with solutions that are simple to use and easy to try. With over 30 years of combined mobility experience, the Mobilisafe team brings deep knowledge of mobile security challenges with the same commitment to user experience.
Capabilities of Mobilisafe
Pricing and Availability
Rapid7 is the leading provider of security risk intelligence. Its integrated vulnerability management and penetration testing products, Nexpose and Metasploit, empower organizations to obtain accurate, actionable and contextual intelligence into their threat and risk posture. Rapid7's solutions are used by more than 2,000 enterprises and government agencies in more than 65 countries, while the Company's free products are downloaded more than one million times per year and enhanced by the more than 175,000 members of its open source security community. Rapid7 has been recognized as one of the fastest growing security companies by Inc. Magazine and as a "Top Place to Work" by the Boston Globe. Its products are top rated by Gartner®, Forrester® and SC Magazine. The Company is backed by Bain Capital Ventures and Technology Crossover Ventures. For more information about Rapid7, please visit http://www.rapid7.com.
Mobilisafe was founded in 2010 by Giri Sreenivas and Dirk Sigurdson based on the conviction that trust is the foundation for embracing devices in light of an increasingly complex and insecure mobile landscape. Mobilisafe is the authority on device trustworthiness. Team members are alumni of companies such as T-Mobile, Lockheed Martin, Wave Systems, Microsoft and HP, and the company is headquartered in the vibrant Capitol Hill neighborhood of Seattle.
1 Forrester, "Market Overview: On-Premises Mobile Device Management Solutions," February 2012
2 Mobilisafe study of small and mid-sized businesses, April 2012
3 Rapid7 survey of security professionals, September 2012