About BitDam
BitDam is a Technology company based in Netanya (Israel) founded in 2015, and was acquired by Datto in March 2021. Behavioral analytics are utilized for anomaly detection and anti-phishing. BitDam has raised $3 million across 1 funding round from investors including Datto. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Cybersecurity, Email Security and Anti Phishing.
Company details
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.
- Headquarters Netanya, Israel
- Stage Acquired
- SectorsTechnology
- Website bitdam.com
- Acquired by Datto (Mar 2021)
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 $3M
- Total Rounds 1
- Last Round Seed — $3M
- First Round $3M
(May 2017)
All 1 funding rounds of BitDam with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2017 | $3M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in BitDam
BitDam has secured backing from 1 investor. Prominent investors backing the company include Datto.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based continuity management software is offered for business protection. | 2007 | datto.com | Norwalk, United States |
Investor details for BitDam
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- Complete investor list
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Timeline of BitDam
3 dated milestones of BitDam across 6 years, from founding to its latest funding, stage changes and deals.
- Founded BitDam is founded.
- Funding First funding round of $3.0M.
- Exit Acquired by Datto.
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Frequently Asked Questions about BitDam
BitDam was founded in 2015 and raised its 1st funding round 2 years after it was founded.
BitDam is headquartered in Netanya, Israel. It is registered at Netanya, Central District, Israel.
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 2017.
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.
BitDam has 1 investor. Key investors include Datto.
Yes. BitDam was acquired by Datto in March 2021.