Rapid7 snaps up ransomware prevention firm Minerva Labs


Rapid7, a cloud risk and threat detection firm, has acquired CyberTech firm Minerva Labs for an undisclosed fee.

Rapid7’s managed detection and response services provide customers elevated detection and response capabilities across their cloud, on-premise and extended attack surfaces.

With this acquisition, Rapid7 claims it will further extend its leading managed threat detection capabilities with the ability to orchestrate advanced ransomware prevention. These new capabilities will seamlessly extend MDR across cloud resources, traditional infrastructure, and existing endpoint protection infrastructure, enabling customers to further consolidate their security investments.

Founded in 2014, Minerva Labs helps organisations mitigate the risks associated with ransomware. Minerva’s technology provides multi-layer prevention by neutralizing and preventing malicious activity before execution, while also enabling more agility to integrate with third-party endpoint protection solutions.

Rapid7 SVP managed services delivery Jeremiah Dewey said, “Driving efficiency and maximizing security investments is critical in order for organizations to stay ahead of increasingly evasive and creative attacks. Today, our MDR customers benefit from our proprietary detection and response technology, a fully integrated, world-class team of 24×7 security engineers, and leading security data science to detect, assess and respond to emerging threats.

“With Minerva, we are further extending our MDR capabilities with more advanced anti-evasion and malware prevention and orchestration from the endpoint to the cloud, as well as providing seamless support of existing, leading endpoint protection infrastructure. We are thrilled to welcome Minerva to Rapid7 and continue providing our customers and partners with a world-class MDR service and the opportunity for further technology and security operations consolidation.”

California-based unified data controls company Securiti has secured an investment from Citi Ventures and Capital One Ventures.

Copyright © 2023 RegTech Analyst

Enjoyed the story? 

Subscribe to our weekly RegTech newsletter and get the latest industry news & research

Copyright © 2018 RegTech Analyst


The following investor(s) were tagged in this article.