BitSight

company

About

BitSight is a platform that rates companies' security effectiveness on a daily basis using a data-driven, outside-in approach.

Details

Last Funding Type
Grant
Last Funding Money Raised
$1M
Industries
Cyber Security,Risk Management,Security,Software
Founded date
Jan 1, 2011
Number Of Employee
251 - 500
Operating Status
Active
Legal Name
BitSight Technologies, Inc.

Founded in 2011, BitSight transforms how organizations manage information security risk. The BitSight Security Ratings Platform applies sophisticated algorithms, producing daily security ratings that range from 250 to 900, to help manage third party risk, underwrite cyber insurance policies, benchmark performance, conduct M&A due diligence and assess aggregate risk. Organizations worldwide, including seven of the top 10 cyber insurers, 20% of Fortune 500 companies, and 3 of the top 5 investment banks use BitSight’s proven Security Ratings technology on a daily basis to make integral risk and business decisions. With over 1,000 customers and the largest ecosystem of users and information, BitSight is the most widely used Security Ratings Service. For more information, please visit www.bitsighttech.com or follow @BitSight on Twitter.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$401.60M
BitSight has raised a total of $401.60M in funding over 2 rounds. Their latest funding was raised on Sep 13, 2021 from a Corporate Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 13, 2021 Corporate Round $250M 1 Moody's Investors Service Detail
Jun 28, 2018 Series D $60M 4 Warburg Pincus Detail
Sep 15, 2016 Series C $40M 8 GGV Capital Detail
Jun 25, 2015 Series B $25.60M 9 Comcast Ventures Detail
Jun 5, 2013 Series A $24M 7 Detail

Investments

Number of Investments
Number of Lead Investments
1
0
BitSight has made 1 investments. Their most recent investment was on Dec 1, 2021, when Radom Network raised $1.50M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 1, 2021 Radom Network
Pre-seed $1.50M Blockchain

Investors

Number of Lead Investors
Number of Investors
5
14
BitSight is funded by 14 investors. Moody's Investors Service and Warburg Pincus are the most recent investors.
Investor Name Lead Investor Funding Round
Moody's Investors Service Yes Corporate Round
Warburg Pincus Yes Series D
National Science Foundation Yes Grant
GGV Capital Series D
Menlo Ventures Series D
Singtel Innov8 Series D
Comcast Ventures Series C
Flybridge Series C
Globespan Capital Partners Series C
Liberty Global Series C

Employee Profiles

Number of Employee Profiles
29
BitSight has 29 current employee profiles, including Executive Stephen Boyer
Executive
Employee
Executive
Employee
Executive

Acquisition

BitSight has acquired 3 organizations. Their most recent acquisition was Anubisnetworks on Oct 21, 2014. They acquired Anubisnetworks for 0.

Date Company Name
Industry Acquisition Type Price
Oct 21, 2014 Anubisnetworks
Security acquisition Detail
Sep 13, 2021 VisibleRisk
Cyber Security acquisition Detail
Aug 4, 2022 ThirdPartyTrust
Enterprise Software acquisition Detail