Rapid7 Inc. announced today that it has acquired IntSights Cyber Intelligence Ltd., a threat intelligence and remediation startup, for $335 million in a cash and stock deal.

Founded in 2015, IntSights offers an external threat intelligence and protection platform designed to neutralize threats. Able to be deployed in as little as 24 hours, IntSights is pitched as providing instant value with the fastest path to protect against external threats.

IntSights claims it offers an industry-best return on investment, with customers seeing an average ROI of $2.1 million while reducing staff workload. Enterprise users can coordinate proactive response with automated, in-house takedown services to dismantle and block threats.

Under the hood, the company’s platform is said to fuse intelligence, orchestration and automation. The IntSights platform seamlessly integrates with over 30 leading solutions within a security stack.

Rapid7 will combine its community-infused threat intelligence and deep understanding of customer environments with IntSights’ external threat intelligence capabilities. The combination will provide customers with a unified view into threats, attack surface monitoring, relevant insights and proactive threat mitigation for organizations of any size or level of security maturity, the company said. Rapid7 will also use Intsights technology to enhance its cloud-native extended detection and response offering InsightIDR.

“Cybersecurity is a lopsided battle today and the odds consistently favor attackers,” Corey Thomas, chairman and chief executive officer of Rapid7, said in a statement. “Both IntSights and Rapid7 have a shared belief that organizations will succeed only when they have a unified view of internal and external threats, complete with contextualized intelligence and automated threat mitigation which will allow security teams to focus on the most critical threats.”

Before its acquisition, IntSights had raised $71.3 million in venture capital funding, according to data from Crunchbase. Investors included Qumra Capital, Blackstone Group, Wipro Ventures, Gillot Capital Partners, Blumberg Capital, ClearSky and Talo Capital.

The acquisition of IntSights is the 11th acquisition made by Rapid7 and its third acquisition this year. In February, Rapid7 acquired Kubernetes security startup Alcide.IO Ltd. for $50 million, followed by the acquisition of Velocidex Enterprises Pty. Ltd., the company behind the open-source cybersecurity platform Velociraptor, in April.

Along with announcing the acquisition, Rapid7 also issued preliminary estimated annualized recurring revenue results for the second quarter ended June 30. For the quarter, the company expects ARR to come in at $489 million, up 29% year-over-year. Rapid7 added that it also anticipates revenue to be higher than previously estimated.

Image: IntSights