Rapid7 buys IntSights !
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Rapid7 Inc. announced today that it has acquired IntSights Cyber Intelligence Ltd., a threat intelligence and remediation startup, for $335 million in a cash and stock deal.
IntSights offers an external threat intelligence and protection platform designed to neutralize threats. Able to be deployed in as little as 24 hours, IntSights is pitched as providing instant value with the fastest path to protect against external threats.The IntSights platform seamlessly integrates with over 30 leading solutions within a security stack.
IntSights claims it offers an industry-best return on investment, with customers seeing an average ROI of $2.1 million while reducing staff workload. Enterprise users can coordinate proactive response with automated, in-house takedown services to dismantle and block threats.
Rapid7 will combine its community-infused threat intelligence and deep understanding of customer environments with IntSights’ external threat intelligence capabilities. The combination will provide customers with a unified view into threats, attack surface monitoring, relevant insights and proactive threat mitigation for organizations of any size or level of security maturity.
Before its acquisition, IntSights had raised $71.3 million in venture capital funding. Investors included Qumra Capital, Blackstone Group, Wipro Ventures, Gillot Capital Partners, Blumberg Capital, ClearSky and Talo Capital.
The acquisition of IntSights is the 11th acquisition made by Rapid7 and its third acquisition this year. In February, Rapid7 acquired Kubernetes security startup Alcide.IO Ltd. for $50 million, followed by the acquisition of Velocidex Enterprises Pty. Ltd., the company behind the open-source cybersecurity platform Velociraptor, in April.
