Founded in 2000, Rapid7 uses data analytics to reduce security threats and detect system intrusions. The company has received $90 million in funding from investors including Bain Capital and Technology Crossover Ventures. Most recently in December 2014, the company received $30 million in equity funding to expand its business. The company now has 39,000 customers in over 90 countries, including 30% of Fortune 100 companies.
According to the filing, Rapid7 had $76.9 million in revenue in 2014, up 28% year-over-year. The company’s 2015 Q1 revenue of $23.6 million is up 41% from 2014. Rapid7 is not yet profitable with a net loss of $32.6 million last year and $8.5 million in the last quarter. Rapid7 declined to comment on the filing, due to quiet period restrictions.
Best of luck to Rapid7 in what is a very competitive industry, but one which will be growing for the foreseeable future.