American cybersecurity company Rapid7 is looking to acquire Israeli cybersecurity company IntSights. Calcalist reports that the two companies are in “advanced negotiations” at the moment and that the expected sale price could be between $350 and $400 million
Rapid7 (Nasdaq: RPD) states that they are advancing security with visibility, analytics, and automation delivered through their Insight cloud. The company boasts that their solutions simplify the complex, allowing security teams to work more effectively with IT and development to reduce vulnerabilities, monitor for malicious behavior, investigate and shut down attacks, and automate routine tasks. Rapid7 now has more than 8,900 customers using their technology, services, and research to “improve security outcomes and securely advance their organizations.”
Founded in 2015 by Israeli entrepreneurs Guy Nizan, Alon Arvatz, and Gal Ben-David, IntSights declares that the company is revolutionizing cybersecurity operations with what they describe as the industry’s only “all-in-one external threat protection platform” designed to neutralize cyberattacks outside the wire. “The company offers what they describe as tailored threat intelligence that “seamlessly integrates with security infrastructure for dynamic defense has made IntSights one of the fastest-growing cybersecurity companies in the world.” IntSights has offices in Amsterdam, Boston, Singapore, Tokyo, New York, Dallas, and Tel Aviv.
The company has raised $70 million to date. Its investors include Qumra Capital, Glilot Capital Partners, Blackstone, Blumberg Capital, Wipro, and ClearSky.
“Our unique cyber reconnaissance capabilities enable continuous monitoring of an enterprise’s external digital profile across the open, deep, and dark web to identify emerging threats and orchestrate proactive response.”
Delivered through an elegant single pane of glass and deployed in as little as 24 hours, IntSights provides enterprise-grade external threat intelligence capabilities that enable security teams to defend against a rapidly evolving threat landscape while significantly reducing the workload on security teams. Customers, on average, enjoy an ROI of $2.1 million after three years using IntSights External Threat Protection Suite.