Boston-based cybersecurity company Rapid7 lays off 18% of its workforce, or around 470 people, and reports Q2 revenue rose 14% YoY to $190M and a $67M net loss (Aaron Pressman/The Boston Globe)

Aaron Pressman / The Boston Globe:
Boston-based cybersecurity company Rapid7 lays off 18% of its workforce, or around 470 people, and reports Q2 revenue rose 14% YoY to $190M and a $67M net loss  —  The Boston-based cybersecurity firm said the cuts will enable it to continue to grow while also freeing up cash