About BitDam
BitDam is a company based in Netanya (Israel) founded in 2015 was acquired by Datto in March 2021.. BitDam has raised $3 million across 1 funding round from investors including Datto. BitDam operates in a competitive market with competitors including Abnormal Security, Redsift, Area 1 Security, EasyDMARC and PIXM, among others.
- Headquarter Netanya, Israel
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Sectors
Technology
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Phone
*********
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Website
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Funding Insights of BitDam
BitDam has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in May 2017. 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 1
- Last Round Seed — $3.0M
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First Round
First Round
(18 May 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Seed - BitDam | Valuation |
investors |
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| 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 |
Investors in BitDam
BitDam has secured backing from 1 investor. Prominent investors backing the company include Datto. 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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Cloud-based continuity management software is offered for business protection.
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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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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BitDam
| 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 - BitDam
| 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 |
Bitdam Comparisons
Competitors of BitDam
BitDam 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 Abnormal Security, Redsift, Area 1 Security, EasyDMARC and PIXM, 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 |
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| domain | founded_year | HQ Location |
Cloud-based email security solution
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| domain | founded_year | HQ Location |
Anti-phishing solutions are delivered via data visualizations and SDK integrations.
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| domain | founded_year | HQ Location |
Targeted phishing attacks are detected and prevented via endpoint solutions.
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| domain | founded_year | HQ Location |
Cloud-based email security solutions are provided against phishing attacks.
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| domain | founded_year | HQ Location |
Anti-phishing solutions are provided by PIXM using AI computer vision.
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| domain | founded_year | HQ Location |
Cyber threats are detected and dismantled to protect businesses.
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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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Latest news on Bitdam
Frequently Asked Questions about BitDam
When was BitDam founded?
BitDam was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is BitDam located?
BitDam is headquartered in Netanya, Israel. It is registered at Netanya, Central District, Israel.
Is BitDam a funded company?
BitDam is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on May 18, 2017.
What does BitDam do?
BitDam was founded in 2015 in Netanya, Israel, within the cybersecurity sector. A security solution is developed to detect cyber attacks through behavioral anomaly analysis during the exploitation phase of the cyber kill chain. Data science is employed to identify zero-day vulnerabilities in real time. Protection is provided for enterprise email and attachments, with endpoint safeguards under development. Operations focus on enterprise-level prevention of phishing and exploits.
Who are the top competitors of BitDam?
BitDam's top competitors include Abnormal Security, Redsift and EasyDMARC.
Who are BitDam's investors?
BitDam has 1 investor. Key investors include Datto.
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