Rapid7 has confirmed it will acquire threat intelligence provider IntSights for $335 million in cash and stock.
IntSights was founded in 2015 and built a platform to help organizations access external threat intelligence. Its platform scans openly accessible websites, such as social media apps and search-indexed sites, along with underground sources such as cybercriminal forums, to help businesses identify and address potential threats.
The company has so far raised $71.3 million in funding and has offices in Amsterdam, Boston, Dallas, New York, Singapore, Tel Aviv, and Tokyo.
Rapid7 plans to combine its own threat intelligence technology with IntSights' tools to provide businesses with a more robust threat detection and remediation offering. It also plans to build on its extended detection and response (XDR) tool, InsightIDR, with IntSights' technology.
In other cybersecurity M&A news, Cybereason has made its first acquisition with the purchase of Empow, a security analytics company based in Tel Aviv. Terms of the deal were not disclosed.
Empow was founded in 2014 and has so far raised $19 million in funding, Crunchbase reports. The deal will bring predictive response technology, data integrations, and engineering and product talent to Cybereason, which reports it will incorporate the technology into its XDR offerings. The deal will also accelerate integrations with more than 70 IT and security vendors, Cybereason says in a statement.