Rapid7 Acquires Velociraptor To Drive Incident Response Abilities

Security analytics and automation provider Rapid7 Inc RPD has acquired open-source technology and community Velociraptor. The financial terms of the transaction were not disclosed.
Rapid7 will continue to build the Velociraptor community and control its technology and acumens to augment Rapid7's incident response capabilities under the arrangement.
Velociraptor was developed for digital forensics and incident response (DFIR) professionals to detect and track malicious activities across endpoints.
Rapid7 held $173.6 million in cash and equivalents as of Dec. 31, 2020.
Price action: RPD shares traded higher by 0.65% at $83.28 on the last check Wednesday.