Group 1 - Bleichmar Fonti & Auld LLP is investigating potential claims for breach of fiduciary duty against the board of directors and/or senior management of Rapid7, Inc. related to a potential merger transaction [1][4] - The law firm has a strong reputation, being named among the Top 5 plaintiff law firms by ISS SCAS in 2023, and has achieved notable recoveries in past cases, including over $900 million from Tesla, Inc. and $420 million from Teva Pharmaceutical Ind. Ltd. [2] - Shareholders of Rapid7, Inc. are encouraged to submit their information to understand their rights and potential legal options, with representation offered on a contingency fee basis [5][6]

If you are a shareholder of Rapid7, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/rapid7. What Can You Do? Why Bleichmar Fonti & Auld LLP? Attorney advertising. Past results do not guarantee future outcomes. BFA is currently investigating potential claims for breach of fiduciary duty against the board of directors and/or senior management of Rapid7, Inc. in connection with recent news reports concerning the potential for a merger transaction inv ...

Company Overview - commercetools is a global commerce company and the market leader in composable commerce, enabling companies to customize, tailor, and scale shopping experiences across markets [11] - The company empowers brands such as Audi, Danone, Eurorail, NBCUniversal, Sephora, and Volkswagen Group to stay ahead of market changes and consumer preferences by delivering dynamic user experiences [7] - commercetools has headquarters in Munich (Germany) and Durham (US), with employees spread across five continents [7] Leadership and Strategic Changes - Andrew Burton has been appointed as the new CEO of commercetools, effective July 8, 2024, succeeding Dirk Hoerig, who will transition to the role of Chief Innovation Officer (CIO) [8] - Burton brings over 25 years of experience in building innovative businesses and leading world-class teams, with a proven track record in sales, marketing, product, engineering, and operations [9] - Burton previously served as president and COO of Rapid7, growing the company from ~$150M ARR to over $800M ARR, and was CEO of Logentries, which was acquired by Rapid7 [9] - Burton is the third major hire in the last 18 months, alongside the company's recently hired chief people and finance officers, signaling a focus on continued growth and innovation [10] Recent Achievements and Growth - In 2024, commercetools was named a Leader in the IDC MarketScape report, launched a HIPAA-compliant and HDS-certified solution, and introduced commercetools Foundry, a solution that accelerates and reduces the cost of e-commerce operations [1] - The company reported significant 2023 fiscal year results, including a +65% ARR growth in the Americas region and a +45% YoY increase in Gross Merchandise Value (GMV) to over $30 billion [1] - commercetools Platform has served as a key enabler of agility and innovation for large enterprises over the past 14 years, driving growth and expansion [5] Future Outlook - The company aims to continue pushing the boundaries of commerce, creating more value for customers and partners worldwide, and transforming ideas into revenue under Burton's leadership [1] - Hoerig, in his new role as CIO, will focus on growing key customer and partner relationships, driving product innovation, and advancing the company's thought leadership [8]

Investor Contact: Elizabeth Chwalk Senior Director, Investor Relations investors@rapid7.com (617) 865-4277 BOSTON, July 09, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will release its second quarter 2024 financial results on Tuesday, August 6, 2024, after the financial markets close. The company will host a conference call that same day to discuss its results and business outlook at 4:30 p.m. Eastern Time. The call wi ...

Core Viewpoint - Rapid7, Inc. will release its second quarter 2024 financial results on August 6, 2024, after market close [1] Company Overview - Rapid7 is focused on creating a safer digital world by simplifying and making cybersecurity more accessible [3] - The company provides comprehensive security solutions to over 11,000 global customers, integrating cloud risk management and threat detection [3] Financial Communication - A conference call will be held on the same day as the financial results release at 4:30 p.m. Eastern Time to discuss the results and business outlook [4] - The conference call will be accessible via telephone and will also be available live through a webcast on the company's website [2][4]

NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the potential acquisition of Rapid7, Inc. (Nasdaq:RPD) BFA is currently investigating potential claims for breach of fiduciary duty against the board of directors and/or senior management of Rapid7, Inc. in connection with recent news reports concerning the potential for a merger transaction involving the company. What Can You Do? https://www.bfalaw.com/cases-investigations/rapid7 Or contact: Ross Shikowitz ...

Submit your information here: https://www.bfalaw.com/cases-investigations/rapid7. NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the potential acquisition of Rapid7, Inc. (NASDAQ:RPD) For more information about BFA and its attorneys, please visit https://www.bfalaw.com. Ongoing Stockholder Investigation Shareholders are encouraged to submit your information to find out about your rights. If you are a shareholder of Rapid7, Inc. you may have legal options ...

Core Insights - Bleichmar Fonti & Auld LLP is investigating potential claims for breach of fiduciary duty against the board of directors and/or senior management of Rapid7, Inc. in relation to recent news about a possible merger transaction involving the company [5][7]. Group 1: Legal Investigation - The law firm is representing shareholders of Rapid7, Inc. and is encouraging them to submit their information to explore their legal rights [1][2]. - The investigation is based on allegations concerning the board's conduct in light of the potential acquisition [5][7]. Group 2: Law Firm Credentials - Bleichmar Fonti & Auld LLP is recognized as a leading international law firm specializing in securities class actions and shareholder litigation, having been named among the Top 5 plaintiff law firms by ISS SCAS in 2023 [7]. - The firm has notable achievements, including recovering over $900 million from Tesla, Inc.'s Board of Directors and $420 million from Teva Pharmaceutical Ind. Ltd., pending court approval [7].

Core Insights - Rapid7 has successfully completed an Information Security Registered Assessors Program (IRAP) assessment to the PROTECTED Level for key solutions within the Rapid7 Insight Platform [1][2] - This achievement allows Australian Government agencies that require PROTECTED level controls to access Rapid7's security solutions, which include vulnerability management, application security, orchestration and automation, and detection and response [2][3] Company Commitment - Rob Dooley, vice president of APJ at Rapid7, emphasized the company's commitment to protecting all levels of government in Australia through this assessment [3] - The successful IRAP assessment demonstrates Rapid7's dedication to supporting Australian government customers and addressing the challenges of the evolving cybersecurity landscape [3][4] Market Context - As government agencies transition to hybrid cloud environments, Rapid7 aims to assist them in managing the complexities of securing their attack surfaces [5] - The timing of the assessment is critical, given the increasing sophistication and speed of cyber attackers [5] Product Capabilities - The Rapid7 Insight Platform offers data collection, visibility, analytics, and automation, facilitating collaboration between security, IT operations, and development teams [6] - It provides one-click access to various security functions, including vulnerability management, application testing, incident detection and response, and orchestration and automation, ensuring compliance with regulatory frameworks [6] Future Prospects - Rapid7 looks forward to leveraging the IRAP assessment to enhance its partnership with the Australian Government, aiming for a comprehensive view of the attack surface and prompt action against threats [7]

The acquisition of Noetic Cyber is set to close during Rapid7's third quarter of 2024 and is not expected to materially impact the company's 2024 Annualized Recurring Revenues. Following the completion of the transaction, Rapid7 plans to make Noetic Cyber's capabilities available to its customers by the summer. The acquisition will also address the critical market need for improved visibility and management of cyber assets. Citing Gartner's Innovation Insight: Attack Surface Management report, Rapid7 reveal ...