Rapid7 completed the acquisition of DivvyCloud from RTP Ventures, MissionOG and Providence Strategic Growth for $145m.

Rapid7, a provider of security analytics and automation, completed the acquisition of DivvyCloud, a provider of cloud security posture management, from RTP Ventures, MissionOG and Providence Strategic Growth, private equity companies, for $145m. The purchase price includes $128m in cash to be paid at closing, $8m of deferred cash payments and $9m in stock. “We are thrilled to welcome DivvyCloud, its customers, and the entire DivvyCloud team to the Rapid7 family. With the acceleration of cloud adoption introducing new enterprise risk areas, we're excited to bring Security and DevOps teams together with DivvyCloud's best-of-breed compliance, risk management and governance for multi-cloud and container environments, while also integrating it with our Insight Cloud platform to create enduring customer value,” Corey Thomas, Rapid7 Chairman and CEO.