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Press Releases

Read recent press releases to learn about the latest company and product news from Bitsight.

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Bitsight Technologies, the standard in Security Ratings, today announced the acquisition of AnubisNetworks, a real-time data threat provider based in Porto, Portugal. The integration of AnubisNetworks extends Bitsight’s position as the leading provider of information security ratings for organizations around the world. AnubisNetworks is already incorporated into the Bitsight technology, and it will continue to serve as a key provider of the data that drives Bitsight’s world-class ratings.



“Anyone can score a company’s information security, but it takes a powerful analytics technology like the AnubisNetworks platform to provide the quality, breadth
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Date: September 30, 2014Bitsight Technologies, the standard in Security Ratings, today announced Bitsight Security Ratings for Cyber Insurance. This first-of-its-kind solution enables insurance underwriters and brokers to make data-driven coverage decisions, while also delivering security value to the insured. Cyber insurance coverage is an urgent business issue for organizations and the fastest growing segment of the insurance industry following major security breaches at Target, eBay and Home Depot.



Bitsight Security Ratings for Cyber Insurance works entirely from outside the insured company and is built on Bitsight’s Security R
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Date: June 19, 2014
Bitsight Technologies, the standard in Security Ratings, today announced Bitsight Security Ratings for Benchmarking. The first-of-its-kind solution enables anyone from C-level executives to board members to IT professionals to quantify their security performance, measure the success of their overall security program and benchmark that over time and agai
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Date: June 5, 2013CAMBRIDGE, MA – Bitsight Technologies, a provider of innovative big data analytics for risk management, today announced it has closed a $24 million Series A round of financing from Globespan Capital Partners, Menlo Ventures, Flybridge Capital Partners, and Commonwealth Capital Ventures. The new funds will be used to expand product development efforts, hire sales and marketing personnel, and launch the Company’s first product. As part of the financing, Globespan Capital Partners’ Dave Fachetti and Menlo Ventures’ Venky Ganesan will join Flybridge Capital Partners’ David Aronoff, Bitsight’s CEO Shaun McConnon and co-founders Stephen Boyer and Nagarjuna Venna on the Company’s Board of Directors. Bitsight received seed funding from the National Science Foundation, Flybridge Capital Partners and Commonwealth Capital Ventures.



“We are excited to bring a new evidence based approach to quantifying security risks while providing our customers with actionable insight to quickly respond to emerging data security threats,” said Shaun McConnon, CEO, Bitsight Technologies. “With this financing, Bitsight is well positioned to drive innovation in the security risk management mar
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