Kaseya Acquires RapidFire Tools
Kaseya is making moves to help managed service providers (MSPs) spin up compliance-related practices.
Kaseya on Wednesday announced that it had acquired RapidFire Tools, which specializes in IT assessment, internal threat detection and compliance products. Terms of the deal weren't disclosed.
Kaseya will keep Atlanta-based RapidFire as a standalone business unit that will continue to sell and support its existing products. Foremost among them for the Kaseya deal is Audit Guru, which focuses on automating, documenting and achieving compliance. Other RapidFire products include Network Detective for network and security assessments, and Cyber Hawk for continuous threat detection and alerting.
A big part of the acquisition involves the already completed integration of RapidFire's compliance technology into Kaseya's core MSP products.
Simultaneous with the acquisition, Kaseya announced Kaseya Compliance Manager (KCM), which is based on RapidFire's tools. According to Kaseya, KCM is an all-in-one compliance management solution that is integrated with the Kaseya IT Complete platform and Virtual Systems Administrator (VSA) product.
In a statement, Kaseya CEO Fred Voccola described the compliance opportunity that he sees Kaseya's new integrated and standalone RapidFire solutions addressing.
"Over the past several years, small and mid-sized businesses, who are the customers of our MSPs, have experienced the same pains and challenges of dealing with various compliance requirements that the enterprise has had to deal with over the past decade," Voccola said. "These small and mid-sized businesses are looking to MSPs to help them manage and address the growing compliance requirements they face, including things like GDPR, HIPAA, PCI, ISO and others."
Posted by Scott Bekker on September 05, 2018 at 12:44 PM