We’re very excited to announce that Rapid7 is dedicating $100,000 to support open source projects in the security space in 2012 in a program we’re calling the Magnificent7.


Essentially we’re looking for open source projects that bring value to the infosec ecosystem by taking an innovative approach to addressing security challenges, and will be supporting up to seven such projects with funding in 2012. Chosen projects will receive funding in 3 phases: an initial outlay, and then two further sums tied to the delivery of pre-agreed milestones.



Information on submission criteria can be found in full here.


After the Rapid7 program committee reviews all initial proposals, promising projects will be chosen to participate in the second round of application, taking place at the UNITED Security Summit, where they will be granted a 45-minute presentation and in-person Q&A session with the Rapid7 committee. Selected recipients for the first funding phase will be announced following the UNITED Security Summit and the second round will open for submissions in Q1 2012.


For those not in the know, Rapid7 has a tradition of supporting open source projects, starting with the Metasploit Framework back in 2009. We followed this up in July 2010 by sponsoring and partnering with w3af, the open source Web application attack and audit framework. Most recently, in June 2011, we announced we've been sponsoring Openwall's "John the Ripper" project, supporting the initiative in order to help complete the project’s research.


Do you have a favorite open source security project you think we should be supporting?  If so, let us know in the comments section below.