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Rapid7 set terms for an initial public offering that looks to raise $90 million in the hot field of cybersecurity. The need for increased computer network protection has risen sharply, with the number of reported security incidents within enterprises increasing 48% in 2014 over the prior year, according to a PricewaterhouseCoopers report that Rapid7 cited in its IPO prospectus. Boston-based Rapid7 will offer 6.45 million shares at a price range of Scalper1 News
Scalper1 News