Rapid7 IPO Terms Set: 6.45m Shares at $13 – $15 Per Share

Rapid7 Inc. filed an amended registration with the SEC for its IPO this afternoon.  The company plans to sell 6.45m primary shares and sees an offering price of $13 – $15 per share.  Rapid7 will list on the Nasdaq under the symbol “RPD.”

Triton Research published a 79-page report on Rapid7, Inc. containing a bottom-up financial model, product analysis, business model analysis, bull vs. bear case scenarios, comparative analyses, questions for management, historical capitalization, historical valuations, and more.  For pricing information please call (212) 804-6151.

Triton Research Company Score (avg. 6.56): Contact Triton Research for more details.

Company Description: Develops and sells security software and services to enterprises and medium-sized businesses in a number of ways; 1) licensed software with associated, subscription-based content and maintenance, 2) cloud-based software services, and 3) managed services where it operates the software for its customers. The Company also sells professional services.

Competitive Set: Qualys, Tenable Network Security, McAfee (IBM), IBM, Veracode