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10/16/2018
12:15 PM
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Rapid7 Acquires tCell

The purchase brings together a cloud security platform with a web application firewall.

Rapid7, a company providing cloud-based analytics, automation, and visibility functions, has announced the acquisition of tCell, a firm that offers web application security through a web-application firewall (WAF). Financial details of the purchase have not been disclosed.

The companies announced that tCell's runtime application self-protection (RASP) and web application monitoring are expected to extend and enhance the capabilities of Rapid7's Insight Platform.

According to a statement announcing the acquisition, "The acquisition of tCell is not expected to have a material financial impact to Rapid7’s Annualized Recurring Revenue growth, revenue, and non-GAAP earnings (loss) per share for calendar year 2018, as guided on August 6, 2018."

For more, read here.

 

 

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