Rapid7 Acquires Logentries
October 13, 2015
Rapid7, Inc. acquired RevelOps, Inc. d/b/a Logentries for an aggregate purchase price of approximately $68 million, consisting of about $36 million in cash and $32 million in Rapid7 equity. The acquisition adds Logentries' cloud-based machine data search, log management, and forensics capabilities to Rapid7's security data and analytics platform to improve incident detection, investigation, and compliance offerings.
- Buyers
- Rapid7, Inc.
- Targets
- Logentries (RevelOps, Inc.)
- Industry
- Cybersecurity
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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