Rapid7 has announced it has signed a definitive agreement to acquire Noetic Cyber, a provider of cyber asset attack surface management (CAASM).
The addition of Noetic’s CAASM solution to Rapid7’s existing cybersecurity solutions will provide more comprehensive visibility of a customer’s environment, including visibility into both internal and external assets, on-premise and in the cloud.
Noetic Cyber was co-founded in 2019 by Paul Ayers, Allen Hadden, and Allen Rogers to empower security teams to command their attack surface. Noetic Cyber provides a proactive approach to cyber asset and exposure management, empowering security teams to see, understand, and fix their security posture and control drift.
The acquisition of Noetic Cyber is expected to close during Rapid7’s fiscal third quarter and is not expected to have a material impact on the Company’s 2024 Annualized Recurring Revenue. Following the close of the transaction, Rapid7 is expected to make Noetic Cyber capabilities available to its customers this summer.
Corey Thomas, CEO, Rapid7
Fragmented attack surface is stifling security productivity, efficiency, collaboration, and credibility. The addition of Noetic’s solution to our platform positions Rapid7 to deliver the most productive security operations experience while making it more accessible to the teams who need it most.
Paul Ayers, CEO & Co-Founder, Noetic Cyber
The addition of Noetic Cyber to Rapid7’s portfolio ensures even more security teams can be confident they have the right visibility of their security data. Rapid7 customers will now be able to better prioritize exposures based on the meaningful insights from Noetic and take action to identify security gaps and reduce cyber risk.
