Rapid7-Minerva Labs

Rapid7 is buying Minerva Labs, the anti-evasion and ransomware prevention technology provider, for $38 million in cash and stock.

Rapid7 will further extend its managed threat detection capabilities with the ability to offer advanced ransomware prevention. These new capabilities will extend managed detection and response (MDR) across cloud resources, traditional infrastructure, and existing endpoint protection infrastructure. That will enable customers to further consolidate their security investments.

Minerva Labs was co-founded in 2014 by Eddy Bobritsky and Erez Breiman. It helps organizations mitigate the risks associated with ransomware. 

Find out here what Rapid7 gets from the Minerva Labs purchase.