Minerva Labs

Multi-layered Anti-ransomware Platform

Cyber Security
Acquired (Inactive) by Rapid7 on Mar 2023 - closed due to acquisition

Company Overview

Snapshot

Founded in October 2014 by Eddy Bobritsky, Omri Segev Moyal, and Erez Breiman, Minerva Labs operates with 1–10 employees. The company raised $9.75 million across three funding rounds from four investors. Minerva Labs was acquired by Rapid7 in March 2023, integrating its ransomware prevention technology.

Business overview

Minerva Labs provides an industry-leading multi-layered anti-ransomware platform designed to work alongside existing EDR/EPP/XDR solutions without degrading endpoint performance. The company's technology controls how ransomware perceives its environment, forcing it to either shut down or reveal its intentions. Minerva Labs serves enterprises, financial institutions, and online retailers within the cyber security sector, focusing on endpoint security solutions.

Strategic signal

In March 2023, Rapid7 acquired Minerva Labs to enhance its managed detection and response services with Minerva's ransomware prevention technology. This acquisition signals a strategic move by Rapid7 to bolster its cybersecurity offerings and integrate advanced threat prevention capabilities directly into its portfolio, validating Minerva Labs' innovative approach to endpoint security.

Company Intelligence Q&A

When was Minerva Labs acquired?
Minerva Labs was acquired by Rapid7 in March 2023. This acquisition aimed to extend Rapid7's managed detection and response service with Minerva Labs' ransomware prevention technology.
What was a key recognition Minerva Labs received?
Minerva Labs was recognized as a Gartner Cool Vendor in the September 2020 'Cool Vendors in Network and Endpoint Security' report.
What was Minerva Labs' last disclosed funding round?
Investors included Amplify Partners and Webb Investment Network.
Did Minerva Labs expand into new markets?
Minerva Labs continued its expansion into the Latin America market in September 2021, broadening its geographical reach for its cybersecurity solutions.
What was a notable partnership for Minerva Labs?
In May 2018, Minerva Labs partnered with BlueVoyant to collaborate on containing evasive cyberattacks, combining their expertise to enhance cybersecurity defenses.

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