[Cyware] Rapid7 To Acquire Attack Surface Management Startup Noetic Cyber

Summary: Rapid7 has announced its acquisition of Noetic Cyber, a startup that specializes in cyber asset attack surface management (CAASM), in order to enhance its visibility across various types of assets and environments.

Threat Actor: Noetic Cyber | Noetic Cyber
Victim: Rapid7 | Rapid7

Key Point :

  • Rapid7 has reached an agreement to acquire Noetic Cyber, a startup specializing in cyber asset attack surface management (CAASM).
  • The acquisition will enable Rapid7 to enhance its visibility into both internal and external assets, on-premise and in the cloud, providing a more comprehensive view of a customer’s environment.

The cybersecurity vendor says the planned acquisition will assist with improving visibility across multiple types of assets and environments.

Rapid7 announced Monday it has reached a deal to acquire Noetic Cyber, a startup whose technology is aimed at bolstering the vendor’s capabilities in cyber asset attack surface management (CAASM).

The Boston-based cybersecurity vendor didn’t disclose the terms of the acquisition deal.

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Rapid7 called Noetic Cyber “an innovator and a leader” in CAASM, and said the acquisition of its technologies will allow the vendor to “provide more comprehensive visibility of a customer’s environment, including visibility into both internal and external assets, on-premise and in the cloud.”

The acquisition “positions Rapid7 to deliver the most productive security operations experience while making it more accessible to the teams who need it most,” Rapid7 CEO Corey Thomas said in a news release.

Founded in 2019, Noetic Cyber had raised at least $20 million in funding, including a $15 million Series A round in 2021 led by Energy Impact Partners.

The deal comes as Rapid7 is reportedly facing pressure from an activist investor to get acquired itself. Jana Partners disclosed last week that it has obtained a major stake in Rapid7 with the goal of forcing the publicly traded vendor to be taken private, via an acquisition by private equity, according to a report from the Wall Street Journal.

Source: https://www.crn.com/news/security/2024/rapid7-to-acquire-attack-surface-management-startup-noetic-cyber


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