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10 Hot Cybersecurity Companies You Should Watch In 2021

Many of the industry‘s most ambitious vendors will in 2021 prioritize integrating major acquisitions, executing on new partner programs and initiatives, and expanding their technical capabilities.

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Rapid7 purchased cloud security startup DivvyCloud for $145 million to help customers protect cloud and container environments from misconfigurations, policy violations, external and internal threats, and identity and access management challenges. A new DivvyCloud module provides deeper visibility into cloud resources so customers can assess, prioritize, and remediate improper permission combinations.

Rapid7’s Security Information and Event Management (SIEM) customers now benefit from broader coverage and investigations into security incidents, as well as visibility into endpoint activity including host names and domains, process command lines and executable paths. Clients have been impressed with Rapid7’s new capabilities, driving an expected sales increase of 25 percent in 2020 to $407 million.

Wall Street has been pleased with Rapid7’s vision, sending the company’s stock 19.2 percent higher thus far in 2020 to $72.49 per share on a valuation of $3.75 billion. And the Boston-based firm has invested in new employees to support all this growth, increasing headcount by 18 percent over the past year to 1,944 people, with aggressive hiring coming in the support, information technology, and sales functions.

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