About Bitglass
Bitglass is a company based in Campbell (United States) founded in 2013 was acquired by Forcepoint in October 2021.. Bitglass has raised $150.05 million across 4 funding rounds from investors including Forcepoint, Norwest Venture Partners and Singtel Innov8. The company has 111 employees as of December 31, 2022. Bitglass operates in a competitive market with competitors including Netskope, Qualys, Skyhigh Networks, CipherCloud and Avanan, among others.
- Headquarter Campbell, United States
- Employees 111 as on 31 Dec, 2022
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bitglass, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150.05 M (USD)
in 4 rounds
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Latest Funding Round
$70 M (USD), Series D
Apr 08, 2019
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Investors
Forcepoint
& 5 more
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Employee Count
111
as on Dec 31, 2022
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Acquired by
Forcepoint
(Oct 11, 2021)
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Software Development Team
168 people
Sales and Marketing
52 people
Senior Team
35 people
Leadership Team
26 people
Product Management Team
18 people
Human Resources and Administration
16 people
Customer Team
16 people
Principal Team
15 people
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Funding Insights of Bitglass
Bitglass has successfully raised a total of $150.05M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $70 million completed in April 2019. 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 4
- Last Round Series D — $70.0M
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First Round
First Round
(07 Mar 2013)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Series D - Bitglass | Valuation | Quadrille Capital | |
| Jan, 2017 | Amount | Series C - Bitglass | Valuation | Future Fund | |
| Aug, 2014 | Amount | Series B - Bitglass | Valuation | New Enterprise Associates , Norwest Venture Partners |
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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 Bitglass
Bitglass has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Forcepoint, Norwest Venture Partners and Singtel Innov8. 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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Sector-agnostic investment company making venture capital investments globally
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Venture capital investments are backed by Singtel through Innov8.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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 Bitglass
| 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 - Bitglass
| 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 |
Bitglass Comparisons
Competitors of Bitglass
Bitglass 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 Netskope, Qualys, Skyhigh Networks, CipherCloud and Avanan, 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 |
Cloud security solutions are delivered for enterprise visibility and protection.
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| domain | founded_year | HQ Location |
Cloud security solutions are offered for vulnerability management and compliance.
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| domain | founded_year | HQ Location |
Platform offering cloud security solutions
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| domain | founded_year | HQ Location |
Cloud infrastructure security solutions are provided for secure application adoption.
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| domain | founded_year | HQ Location |
Cloud based CASB solution
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| domain | founded_year | HQ Location |
Enterprise data security for SaaS applications is delivered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Bitglass
Frequently Asked Questions about Bitglass
When was Bitglass founded?
Bitglass was founded in 2013.
Where is Bitglass located?
Bitglass is headquartered in Campbell, United States. It is registered at Campbell, California, United States.
Is Bitglass a funded company?
Bitglass is a funded company, having raised a total of $150.05M across 4 funding rounds to date. The company's 1st funding round was a Series B of $25.03M, raised on Mar 07, 2013.
How many employees does Bitglass have?
As of Dec 31, 2022, the latest employee count at Bitglass is 111.
What does Bitglass do?
Bitglass is a cloud security solutions provider. The product offers data loss prevention, access control, and encryption-based cloud access security broker solution. It also employs reverse proxy to prevent corporate data from being downloaded and includes selective wiping of the corporate data without any footprint on the device. It also uses a watermarking technique to track the data and transactions of the user. The features of the product include threat protection, security posture management, secure web gateway, etc.
Who are the top competitors of Bitglass?
Bitglass's top competitors include Netskope, Avanan and Skyhigh Networks.
Who are Bitglass's investors?
Bitglass has 6 investors. Key investors include Forcepoint, Norwest Venture Partners, Singtel Innov8, Quadrille Capital, and NEA.
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