Today, BitSight is excited to announce that we have raised $23 million in Series B funding. The additional funding will allow BitSight to keep hiring exceptional talent, as well as extend sales and marketing initiatives in Europe and in the Asia-Pacific region. The funding will also allow us to accelerate the development of new data analytic products and add to our extensive data resources to ensure the most accurate ratings possible. BitSight is thriled to have Comcast Ventures join as a new investor. We’re also thrilled that all of our current investors participated in this new round!
Ultimately, this funding helps further our mission of transforming how organizations evaluate risk and security performance. While massive data breaches continue to dominate news headlines, it is becoming clear that this transformation is needed to create a safer cyber ecosystem and economy.
Venky Ganesan, Managing Director of Menlo Ventures, recently wrote that many companies are still “building fortifications against the threat that was, and not the threat that is and will be”. In light of this, Ganesan outlined five ways that companies can better protect against cyber threats:
Venky Ganesan is just one of many beginning to endorse the use of BitSight Security Ratings. This series B funding shows that BitSight has come a long way, yet there is still much more to accomplish!
Check out this Q&A with a US-based member of BitSight's Customer Success team to learn about her role as an BitSight Advisor & Customer Success Manager, her experience, and more.
Check out this Q&A with a London-based member of BitSight's Customer Success team to learn about her role as an Customer Success Manager, her experience, and more.
Check out this Q&A with a Lisbon-based member of BitSight's Customer Success team to learn about her role as an EMEA Customer Success Manager, her experience, and more.
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