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Cybersecurity firm Rapid7 (RPD) raised $103 million with an initial public offering that priced late Thursday above the expected range. Boston-based Rapid7 priced 6.45 million shares at 16, above the expected range of 13 to 15. Rapid7 says that it has 3,900 customers globally. It reported revenue of $76 million in 2014, up 28%. It reported a net loss of $32.6 million, as sales and marketing expenses rose 53% to $49 million. Revenue in the first Scalper1 News
Scalper1 News