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04.04.2019

GrowthPoint Acted as Exclusive Financial Advisor to NetFort on its Acquisition by Rapid7

April 2, 2019

Menlo Park, CA – GrowthPoint is excited to announce that their client, NetFort, a provider of network traffic, security monitoring, and analytics, has been acquired by Rapid7.

Bringing NetFort’s network monitoring, traffic visibility and analytics capabilities will allow Rapid7 to consolidate even more data and analytics into a single platform for security and IT professionals. This will improve their ability to detect attacks, investigate incidents and gain increased visibility into devices that pose a risk to organizations.

Rapid7’s Insight cloud delivers a unique combination of network visibility, security analytics, orchestration and automation used by organizations to manage risk, detect and stop attacks, and orchestrate security operations across their modern networks. The Insight cloud processes billions of events and monitors millions of assets daily, collecting and analyzing data from the endpoint to the cloud.

“We are delighted to join Rapid7 and believe this is a testament to the capabilities of our people and our technology,” said John Brosnan, Chief Executive Officer at NetFort. “Rapid7 will help us apply our network data insights across their cloud-based platform to improve the security posture of our customers.”

“We were immediately impressed by NetFort’s technology and the deep network protocol expertise inherent across the team,” said Lee Weiner, Chief Product Officer at Rapid7. “By bringing NetFort’s network data and analytics to our own platform, we enhance security analysts’ capability to unearth risk, detect attacks, and investigate incidents more effectively.” Anson Kwan and Mike Shepherd from GrowthPoint advised NetFort on this transaction.

For further information, please see the press release.

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