About Bitium
Bitium is a company based in Santa Monica (United States) founded in 2012 was acquired by Google in September 2017.. Bitium has raised $14.86 million across 5 funding rounds from investors including Google, Social Leverage and Polaris Partners. Bitium operates in a competitive market with competitors including WorkOS, Edge App, Systancia, Evidian and PureID, among others.
- Headquarter Santa Monica, 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 Bitium
Bitium has successfully raised a total of $14.86M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in August 2016. 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 5
- Last Round Series A — $3.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2016 | Amount | Series A - Bitium | Valuation | Polaris Partners |
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| Oct, 2015 | Amount | Series A - Bitium | Valuation | Polaris Partners |
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| Mar, 2014 | Amount | Series A - Bitium | Valuation |
investors |
| 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 Bitium
Bitium has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, Social Leverage and Polaris Partners. 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 venture capital firm
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Founded Year | Domain | Location | |
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Early-stage venture capital funding is provided to founders.
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Founded Year | Domain | Location | |
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Tech focused Early stage VC Firm investing 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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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 Bitium
| 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 - Bitium
| 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 |
Bitium Comparisons
Competitors of Bitium
Bitium 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 WorkOS, Edge App, Systancia, Evidian and PureID, 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-based secure access control solutions are delivered via APIs.
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| domain | founded_year | HQ Location |
Cryptocurrencies are stored and traded via a blockchain-based mobile wallet.
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| domain | founded_year | HQ Location |
Desktop virtualization and healthcare solutions are provided by Systancia.
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| domain | founded_year | HQ Location |
Identity and access management solutions are offered for enterprises.
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| domain | founded_year | HQ Location |
Passwordless authentication solutions provider
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| domain | founded_year | HQ Location |
Federated identity and access management solutions are provided for enterprises.
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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 Bitium
When was Bitium founded?
Bitium was founded in 2012.
Where is Bitium located?
Bitium is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Is Bitium a funded company?
Bitium is a funded company, having raised a total of $14.86M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6.5M, raised on Jun 01, 2012.
What does Bitium do?
Bitium was founded in 2012 in Santa Monica, United States, and operates in the identity management sector. A cloud-based platform is provided for federated identity solutions, including app management, single sign-on, access controls, and analytics. Cloud-based applications are managed using SAML standards. Services are offered on a subscription model to support enterprise security and efficiency.
Who are the top competitors of Bitium?
Who are Bitium's investors?
Bitium has 7 investors. Key investors include Google, Social Leverage, Polaris Partners, Resolute Ventures, and Double M Partners.
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