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commercetools Announces Appointment of Andrew Burton as New CEO
Prnewswire· 2024-07-10 11:00
Company Overview - commercetools is a global commerce company and the market leader in composable commerce, enabling companies to customize, tailor, and scale shopping experiences across markets [11] - The company empowers brands such as Audi, Danone, Eurorail, NBCUniversal, Sephora, and Volkswagen Group to stay ahead of market changes and consumer preferences by delivering dynamic user experiences [7] - commercetools has headquarters in Munich (Germany) and Durham (US), with employees spread across five continents [7] Leadership and Strategic Changes - Andrew Burton has been appointed as the new CEO of commercetools, effective July 8, 2024, succeeding Dirk Hoerig, who will transition to the role of Chief Innovation Officer (CIO) [8] - Burton brings over 25 years of experience in building innovative businesses and leading world-class teams, with a proven track record in sales, marketing, product, engineering, and operations [9] - Burton previously served as president and COO of Rapid7, growing the company from ~$150M ARR to over $800M ARR, and was CEO of Logentries, which was acquired by Rapid7 [9] - Burton is the third major hire in the last 18 months, alongside the company's recently hired chief people and finance officers, signaling a focus on continued growth and innovation [10] Recent Achievements and Growth - In 2024, commercetools was named a Leader in the IDC MarketScape report, launched a HIPAA-compliant and HDS-certified solution, and introduced commercetools Foundry, a solution that accelerates and reduces the cost of e-commerce operations [1] - The company reported significant 2023 fiscal year results, including a +65% ARR growth in the Americas region and a +45% YoY increase in Gross Merchandise Value (GMV) to over $30 billion [1] - commercetools Platform has served as a key enabler of agility and innovation for large enterprises over the past 14 years, driving growth and expansion [5] Future Outlook - The company aims to continue pushing the boundaries of commerce, creating more value for customers and partners worldwide, and transforming ideas into revenue under Burton's leadership [1] - Hoerig, in his new role as CIO, will focus on growing key customer and partner relationships, driving product innovation, and advancing the company's thought leadership [8]
Rapid7 to Report Second Quarter 2024 Financial Results on August 6
GlobeNewswire News Room· 2024-07-09 20:05
Investor Contact: Elizabeth Chwalk Senior Director, Investor Relations investors@rapid7.com (617) 865-4277 BOSTON, July 09, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will release its second quarter 2024 financial results on Tuesday, August 6, 2024, after the financial markets close. The company will host a conference call that same day to discuss its results and business outlook at 4:30 p.m. Eastern Time. The call wi ...
Rapid7 Promotes Key Sales Leaders to Advance Customer Engagement and Simplify the Go To Customer Model
Newsfilter· 2024-07-09 20:05
macroeconomic uncertainty, unstable market and economic conditions, fluctuations in our quarterly results, our ability to successfully grow our sales of our cloud-based solutions, including through the shift to a consolidated platform sales approach, effectiveness of our restructuring plan, failure to meet our publicly announced guidance or other expectations about our business, our ability to sustain our revenue growth rate, the ability of our products and professional services to correctly detect vulnerab ...
Rapid7 to Report Second Quarter 2024 Financial Results on August 6
Newsfilter· 2024-07-09 20:05
BOSTON, July 09, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will release its second quarter 2024 financial results on Tuesday, August 6, 2024, after the financial markets close. About Rapid7 Investor Contact: Elizabeth Chwalk Senior Director, Investor Relations investors@rapid7.com (617) 865-4277 The conference call will also be available live via webcast on the company's website at https://investors.rapid7.com. A web ...
RPD INQUIRY UPDATE: Rapid7, Inc. (Nasdaq:RPD) Shareholders are Reminded to Contact BFA Law about Investigation into the Company's Deal Price
Newsfilter· 2024-07-08 11:11
Submit your information here: https://www.bfalaw.com/cases-investigations/rapid7. NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the potential acquisition of Rapid7, Inc. (NASDAQ:RPD) For more information about BFA and its attorneys, please visit https://www.bfalaw.com. Ongoing Stockholder Investigation Shareholders are encouraged to submit your information to find out about your rights. If you are a shareholder of Rapid7, Inc. you may have legal options ...
RPD INQUIRY UPDATE: Rapid7, Inc. (Nasdaq:RPD) Shareholders are Reminded to Contact BFA Law about Investigation into the Company's Deal Price
GlobeNewswire News Room· 2024-07-08 11:11
NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the potential acquisition of Rapid7, Inc. (Nasdaq:RPD) BFA is currently investigating potential claims for breach of fiduciary duty against the board of directors and/or senior management of Rapid7, Inc. in connection with recent news reports concerning the potential for a merger transaction involving the company. What Can You Do? https://www.bfalaw.com/cases-investigations/rapid7 Or contact: Ross Shikowitz ...
RPD INVESTIGATION NEWS: Rapid7, Inc. (Nasdaq:RPD) Investors are Notified to Contact BFA Law about Inquiry into the Company's Purchase Price
Newsfilter· 2024-07-06 10:20
Why Bleichmar Fonti & Auld LLP? Ongoing Stockholder Investigation Shareholders are encouraged to submit your information to find out about your rights. If you are a shareholder of Rapid7, Inc. you may have legal options. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The Firm will seek court approval for any potential fees and expenses. https://www.bfalaw.com/cases-investigations/rapid7 For more infor ...
Rapid7 Completes IRAP PROTECTED Assessment
GlobeNewswire News Room· 2024-07-02 22:30
MELBOURNE, Australia, July 02, 2024 (GLOBE NEWSWIRE) -- Rapid7, a leader in extended risk and threat detection, has announced the successful completion of an Information Security Registered Assessors Program (IRAP) assessment to the PROTECTED Level for key solutions within the Rapid7 Insight Platform. The solutions assessed are: InsightIDR, InsightVM, InsightAppSec, and InsightConnect. This achievement enables Australian Government agencies requiring PROTECTED level controls to access Rapid7's industry-lead ...
Rapid7 (RPD) Extends Security Offering With Noetic Cyber Buyout
ZACKS· 2024-07-02 15:01
The acquisition of Noetic Cyber is set to close during Rapid7's third quarter of 2024 and is not expected to materially impact the company's 2024 Annualized Recurring Revenues. Following the completion of the transaction, Rapid7 plans to make Noetic Cyber's capabilities available to its customers by the summer. The acquisition will also address the critical market need for improved visibility and management of cyber assets. Citing Gartner's Innovation Insight: Attack Surface Management report, Rapid7 reveal ...
Rapid7 Agrees to Acquire Cyber Asset Attack Surface Management Company, Noetic Cyber, to Give Customers More Comprehensive Visibility of Their Attack Surface
GlobeNewswire News Room· 2024-07-01 20:01
BOSTON, July 01, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced it has signed a definitive agreement to acquire Noetic Cyber, an innovator and a leader in cyber asset attack surface management (CAASM). The addition of Noetic's CAASM solution to Rapid7's existing cybersecurity solutions will provide more comprehensive visibility of a customer's environment, including visibility into both internal and external assets, on-premise and in the ...