Bit

Tel Aviv, Israel Founded: 2015 • Age: 11 yrs
Provides reusable code components for software development company

About Bit

Bit is a company based in Tel Aviv (Israel) founded in 2015. Bit has raised $25 million across 1 funding round from investors including Wix, Snyk and Insight Partners. Bit offers products and services including Bit Platform, Harmony, and Feature Compositions. Bit operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

  • Headquarter Tel Aviv, Israel
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Programming and Developer Software
  • Website bit.dev
  • Social LinkedIn X YouTube
  • Legal Name Cocycles Ltd.
Operational Areas
Key Metrics
  • Total Equity Funding
    $25M (USD)

    in 1 rounds

  • Latest Funding Round
    $25M (USD), Series B

    Nov 2021

  • Investors
    Wix

    & 3 more

Products & Services of Bit

Bit offers a comprehensive portfolio of products and services, including Bit Platform, Harmony, and Feature Compositions.

Bit Platform
Development Platform

Enables composable software building with AI for optimized deployments.

Harmony
AI Tool

Facilitates AI-driven features in software composition and integration.

Feature Compositions
Integration Service

Allows programmatic API use for team-based platform contributions.

Apps and channels of Bit

its YouTube channel Bit Cloud has 20.7K subscribers and 30 videos.

Bit Cloud
YouTube 20.7K subscribers 30 videos Science & Technology
Open channel

Videos from Bit

The most watched videos on Bit's YouTube channel, Bit Cloud (20.7K subscribers). Click a video to play it here.

Design to Production-ready Reusable UI Components with AI and MCP
44.2K views
Your AI is creating Tech Debt. Here's what to do
41.8K views
Hope AI - Building Full-Stack Platforms from a Single Prompt
31.9K views
The 4 Ways AI Coding Tools Break Your Repo (And How to Fix It)
18K views

More on Bit Cloud.

Funding Insights of Bit

Bit has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series B round of $25 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $25M
  • Total Rounds 1
  • Last Round Series B β€” $25M
  • First Round $25M

    (Nov 2021)

  • Investors Count 4

All 1 funding rounds of Bit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2021$25MSeries B–Insight Partners
Valuation history

4 investors in total: 4 institutional.

Investors in Bit

Bit has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Wix, Snyk and Insight Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment firm scaling software and technology companies from early to late stages.
–insightpartners.com-
Seed & early stage tech-focused VC firm investing primarily in the US and Israel
–disruptivevc.comHerzliya, Israel
Websites are built using Wix's cloud-based drag-and-drop platform.
2006wix.comTel Aviv, Israel
Application security is delivered via a cloud-based developer platform.
2015snyk.ioBoston, United States
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Investor details for Bit

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Bit

11 people are tracked at Bit (9 in leadership, 2 in team).

NameRoleGroup
Ran Mizrahi
Founder and CEOLeadership
Gideon Mantel
PresidentLeadership
Laly Bar-Ilan
Chief ScientistLeadership
Yonatan Sason
Co-Founder, People and OpsLeadership
Itay Mendelawy
VP Product And SolutionsLeadership
Adi Halutz Blau
VP FinanceLeadership
Dustin Grimes
Head of Enterprise SalesLeadership
晓东 李
CMOLeadership
Amir Shalev
Head Of DesignLeadership
Jigma Makwana
CounselorTeam
Daniela Broner
Technical Solutions SpecialistTeam
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Complete people profiles for Bit

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Bit

2 dated milestones of Bit across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bit is founded.
  2. Funding First funding round of $25.0M.

Competitors of Bit

Bit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
almaviva.it2005Rome, Italy––
IT services suite solutions are provided globally by AlmavivA.
hedgehoglab.com2007Newcastle Upon Tyne, United Kingdom$9.49M88
Mobile application development and UX design services are provided.
kontron.com1959Linz, Austria$34.6M130
Embedded computing platforms are developed for industrial applications.
unicorn.com1990Prague, Czech Republic$12M–
Software development services are provided by Unicorn in Prague.
gigster.com2013Austin, United States$32.5M12
Software development services are provided via an AI-powered platform.
redshelf.com2012Chicago, United States$82.53M107
Platform offering digital textbooks for students
hancom.com1990Seongnam-si, South Korea––
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
nxtsoft.com2017Birmingham, United States$4.83M79
Computer software development services provider
akqa.com1994Riyadh, Saudi Arabia$8.74M648
Integrated digital marketing campaigns are developed and executed across channels.
digia.com2005Helsinki, Finland––
Software development services including design, integration, and testing are provided.
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Detailed competitors of Bit

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Bit

The website of Bit (bit.dev) receives about 72.1K visits a month and ranks #477,551 among all websites worldwide, #11,222 in Programming and Developer Software.

  • Monthly visits
    72.1K

    ▼ 11.7% vs previous month

  • Unique visitors
    36.5K

    per month

  • Global rank
    #477,551

    among all websites

  • Category rank
    #11,222

    Computers Electronics and Technology · Programming and Developer Software

Similar websites

Websites whose visitors overlap most with Bit. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
gitpiper.com
100%
12.2K#1,880,040View details
module-federation.io
module-federation.io
97%
–#733,752–
mindfiresolutions.com
94%
11.6K#1,855,841View details
tech.oyorooms.com
tech.oyorooms.com
92%
–––
ignek.com
ignek.com
92%
–#1,762,235–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Bit

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Bit

Bit Raises $25M in Series B Funding
Finsmes β€’ 4 years ago
Premium access

Complete news archive for Bit

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Bit

10 companies that operate in the same segment as Bit (IT Services & Operations), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M1,240
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
Cloud based platform offering IT operational data and security analytics software
2003San Francisco, California, United StatesUSD 40 MUSD 2.59 M108
Cloud-based enterprise management solutions including backup and recovery are provided.
2003Singapore, SingaporeUSD 658 M––
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Converged data management solutions are provided for backup and recovery.
2014Palo Alto, California, United StatesUSD 553 MUSD 1.32 B3,200
IT backup and recovery solutions are provided via cloud platform.
2006Columbus, Ohio, United StatesUSD 1.04 B––
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
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Frequently Asked Questions about Bit

Bit was founded in 2015 and raised its 1st funding round 6 years after it was founded.

Bit is headquartered in Tel Aviv, Israel.

Bit is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series B of $25M, raised on Nov 2021.

Bit provides reusable code components for software development company, focusing on providing business support, providing IT services, application development, and creating custom software solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Bit's top competitors include RedShelf, Unicorn and Hedgehog lab.

Bit offers Bit Platform, Harmony, and Feature Compositions.

Bit has 4 investors. Key investors include Wix, Snyk, Insight Partners, and Disruptive VC.

Bit operates through Cocycles Ltd..

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