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Stock impact report

Zafran Emerges From Stealth With Over $30M as the First Risk and Mitigation Platform to Fight Threat Exploitation [Yahoo! Finance]

Rapid7, Inc. (RPD) 
Last rapid7, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rapid7.com
Company Research Source: Yahoo! Finance
NEW YORK, NY / ACCESSWIRE / March 28, 2024 / Zafran, the leader in risk and mitigation, announced today that it raised over $30 million in funding. The funding was led by Sequoia Capital and Cyberstarts, with participation from Cerca Partners and Penny Jar. Founded in 2022 by Sanaz Yashar (CEO), Ben Seri (CTO) and Snir Havdala (CPO), the company emerged as the world's first risk and mitigation platform to pinpoint the ‘exploitable' threats in the organization and to mitigate their risk by mobilizing existing security controls. As attackers are getting faster and cyber threats grow exponentially, security teams are caught in a race they cannot win. According to a recent Rapid7 report , more than half of vulnerabilities were exploited within seven days of public disclosure, yet the remediation and patching of each new vulnerability takes weeks and months of planning and execution, often requiring the participation of multiple teams. Without an effective mitigation strategy, companies Show less Read more
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