Rapid7 IPO

7/17/2015

IPO

$103,200,000

The principal purposes of this offering are to increase our financial flexibility, create a public market for our common stock, and facilitate our future access to the capital markets. Although we have not yet determined with certainty the manner in which we will allocate the net proceeds of this offering, we expect to use the net proceeds from this offering and the concurrent private placement for working capital and other general corporate purposes, including investments in sales and marketing in the United States and internationally and in research and development. We also intend to use $18.6 million of the net proceeds to pay all remaining outstanding principal and interest, together with a termination fee, under our term loan with Silicon Valley Bank, which carries a current interest rate of 12% and expires in December 2017. We may also use a portion of the proceeds from this offering for acquisitions or strategic investments in complementary businesses or technologies, although w

Publicly-held

Software

100 Summer St. 13th Floor
Boston, MA 02110
USA

Rapid7 (NASDAQ: RPD) is the leading provider of NeXpose Unified Vulnerability Management (UVM) Solutions.