"The value of the acquisition has not been disclosed, but Rapid7 had previously announced that it would use a recent US$50 million funding windfall to expand via acquisitions and its own internal development," writes ZDNet's Michael Lee.
"Rapid7 is known as the provider of the network vulnerability management and penetration testing products Nexpose and Metasploit, and its acquisition of Mobilisafe broadens its reach into the area of mobile-device security," writes Network World's Ellen Messmer. "Mobilisafe, which debuted in June, has software called Mobile Risk Management intended to monitor and assess security in Android and Apple devices as well as do discovery to gain visibility into user mobile devices."
"At the time of the acquisition, Mobilisafe had 30 deployments completed, ranging from a small 15-person company up to a large 7,500-person enterprise," writes TechCrunch's Sarah Perez. "Dozens more deployments were in the works."
"The combined companies can now leverage a combination of security, pen testing and mobile device security in an age when bring your own device (BYOD) has become a major technology trend," writes CRN's Ken Presti.
"We created Mobilisafe in response to the security challenges organizations face with BYOD," Mobilisafe CEO and co-founder Giri Sreenivas said in a statement. "Rapid7 is already helping organizations address security risks with a simple approach that enables defenders to identify relevant threats and prioritize remediation and mitigation efforts. This approach is totally in-line with our own view. We’re impressed with the market position and customer focus the company has built. It’s exciting to combine forces to help customers simplify their security needs, regardless of device."
"Mobilisafe employs seven people, and they will all be joining Rapid7, which is maintaining an office in Seattle," writes GeekWire's John Cook. "Sreenivas will serve as vice president and general manager of mobile at Rapid7."