About BitArmor
BitArmor is a company based in Pittsburgh (United States) founded in 2003 was acquired by Trustwave in January 2010.. BitArmor has raised $5.12 million across 2 funding rounds from investors including Trustwave, Draper Triangle and Innovation Works. BitArmor operates in a competitive market with competitors including Proton, Dropbox, Vaultree, Evervault and Mind Network, among others.
- Headquarter Pittsburgh, United States
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of BitArmor
BitArmor has successfully raised a total of $5.12M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.87 million completed in December 2009. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $4.9M
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First Round
First Round
(11 Aug 2005)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2009 | Amount | Series A - BitArmor | Valuation | Draper Triangle |
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| Aug, 2005 | Amount | Seed - BitArmor | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in BitArmor
BitArmor has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Trustwave, Draper Triangle and Innovation Works. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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US focused early stage VC investments company
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Software, hardware, and life sciences startups are funded and accelerated.
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Venture Capital firm investing in growth stage companies primarily in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by BitArmor
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BitArmor
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bitarmor Comparisons
Competitors of BitArmor
BitArmor 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 Proton, Dropbox, Vaultree, Evervault and Mind Network, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Encrypted digital services are provided by Proton for privacy-focused users.
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| domain | founded_year | HQ Location |
Cloud-based file sharing and collaboration tools are offered for enterprises.
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| domain | founded_year | HQ Location |
Data-in-use encryption is developed for secure processing and sharing.
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| domain | founded_year | HQ Location |
Data encryption solution provider
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| domain | founded_year | HQ Location |
Encrypted data lake is offered for secure data management.
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| domain | founded_year | HQ Location |
End-to-end data encryption is delivered for secure cloud processing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about BitArmor
When was BitArmor founded?
BitArmor was founded in 2003 and raised its 1st funding round 2 years after it was founded.
Where is BitArmor located?
BitArmor is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Is BitArmor a funded company?
BitArmor is a funded company, having raised a total of $5.12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Aug 11, 2005.
What does BitArmor do?
BitArmor was founded in 2003 and is headquartered in Pittsburgh, United States. Operations center on the enterprise data security sector, where encryption-based tools are developed and provided. Key offerings include Smart Tag technology, by which encryption policies are attached to individual files or folders for persistent protection, emphasizing data safeguarding over device access. Services target organizational needs for secure file management.
Who are the top competitors of BitArmor?
Who are BitArmor's investors?
BitArmor has 4 investors. Key investors include Trustwave, Draper Triangle, Innovation Works, and Meakem Becker Venture Capital.
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