Solebit

IT Security/CybersecuritySeries ASan Francisco, USsolebit.io

Latest round

Series A

Last raised

Mar 2018

Total raised

$13M

Investors

3

About Solebit

Solebit, Inc.Founded in 2014 and headquartered in San Francisco, US, Solebit, Inc. focuses on cybersecurity solutions. In July 2018, Solebit was acquired by Mimecast Limited for USD 100 mn. Solebit has a total of 4 deals recorded.Solebit's core offerings revolve around enhancing email and collaboration security through sophisticated, AI-driven solutions. Key products include AI-Powered Next Generation Email Security, which defends against threats like business email compromise, and Incydr Data Protection, which addresses insider threats. Additionally, the Aware Governance & Compliance Suite facilitates data management and regulatory compliance.Solebit generates revenue through subscription-based models for its cybersecurity services, permitting businesses access to its products on either an annual or multi-year basis. Each subscription tier is tailored to fit diverse organizational needs, with key offerings forming the backbone of these transactions. The acquisition by Mimecast, finalized in July 2018, will facilitate the development of new security products and services aimed at addressing emerging threats. The company aims to increase its presence in European and Asia-Pacific markets by 2024, focusing on attracting more enterprise clients in these regions.

Who invested in Solebit

3 investors across 2 rounds

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Funding rounds

  1. Series A

    Mar 14, 2018

    Amount

    $11M

    Investors

    Locked

  2. Seed

    Mar 22, 2015

    Amount

    $2M

    Investors

    Locked

Questions about Solebit

Who invested in Solebit?

Solebit has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Solebit raised?

Solebit has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Solebit last raise money?

Solebit's most recent round on record is a Series A, in Mar 2018.

What does Solebit do?

Solebit is a it security/cybersecurity company.

Where is Solebit headquartered?

Solebit is headquartered in San Francisco, US.

Which VCs invest in companies like Solebit?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at Solebit's stage. Their profiles are linked below.

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