Bit Discovery
Latest round
- Series B
Last raised
- Jun 2021
Total raised
- $4M
Investors
- 2
About Bit Discovery
Bit Discovery, Inc.Founded in 2018 and headquartered in Santa Clara, US, Bit Discovery, Inc. specializes in cybersecurity. The company was acquired by Tenable, Inc.50 mn in April 2022, completing the transaction in June 2022. It has been involved in 3 investment deals, with the most recent deal taking place on April 26, 2022.BitDiscovery specializes in a robust suite of cybersecurity solutions aimed at helping organizations manage their attack surfaces effectively. The company's core offerings include comprehensive asset discovery and monitoring services that enable clients to identify and secure their digital assets. By leveraging advanced technologies, BitDiscovery focuses on automating the process of asset inventory and vulnerability assessment, aiming to streamline security protocols for businesses in various sectors. Their solutions cater to a wide range of end-users, including IT security teams, compliance officers, and risk management professionals, ensuring that organizations can proactively address potential security threats.BitDiscovery generates revenue through subscription-based models, allowing clients to access their suite of cybersecurity services regularly. This transactional structure facilitates partnerships with organizations that require ongoing monitoring and discovery of their digital assets. Clients typically engage with BitDiscovery on a multi-tiered pricing structure that aligns with the volume of assets monitored and the level of service required, including potential enterprise solutions tailored to larger organizations. The company’s flagship products are integral to its revenue generation, attracting a broad range of customers who seek to enhance their cybersecurity posture., Bit Discovery, Inc. is focusing on expanding its product offerings and enhancing its market penetration. The company plans to develop new cybersecurity solutions aimed at addressing evolving threats and expects to launch these products in the upcoming year.50 mn to support these initiatives. The acquisition has provided additional resources and strategic direction to drive growth in these areas.
Who invested in Bit Discovery
2 investors across 1 round
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Funding rounds
Series B
Jun 25, 2021
Amount
$4M
Investors
Questions about Bit Discovery
Who invested in Bit Discovery?
Bit Discovery has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Bit Discovery raised?
Bit Discovery has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Bit Discovery last raise money?
Bit Discovery's most recent round on record is a Series B, in Jun 2021.
What does Bit Discovery do?
Bit Discovery is a software company.
Where is Bit Discovery headquartered?
Bit Discovery is headquartered in Santa Clara, US.
Which VCs invest in companies like Bit Discovery?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Bit Discovery's stage. Their profiles are linked below.
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