Rapid7 Closes $50M Round
Rapid7, a provider of security risk technology, has closed on $50 million in Series C financing from Palo Alto, Calif.-based Technology Crossover Ventures. Rapid7, which is based in Boston, will use the money to expand its product development, for potential acquisitions, and international expansion. Tim McAdam, TCV general partner, will join Rapid7’s board. The company is also backed by Bain Capital Ventures.
17 November 2011•5 mins read
