About BlockBit
BlockBit is a company based in Miami (United States) founded in 1998 was acquired by Cipher in February 2016.. BlockBit offers products and services including Blockbit SD-WAN, Blockbit NGFW, Blockbit XDR, and Blockbit SIEM. BlockBit operates in a competitive market with competitors including SecurityScorecard, Proofpoint, BitSight, Juniper Networks and Spirent, among others.
- Headquarter Miami, 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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Products & Services of BlockBit
BlockBit offers a comprehensive portfolio of products and services, including Blockbit SD-WAN, Blockbit NGFW, Blockbit XDR, and Blockbit SIEM. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages WAN connections for secure and efficient business networking.
Delivers advanced threat protection and application control for networks.
Provides detection and automated response to multi-vector cyber threats.
Analyzes security logs for proactive incident detection and response.
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Software Development Team
2 people
Enterprise Team
1 people
Product Management Team
1 people
Leadership Team
1 people
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Funding Insights of BlockBit
| 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 BlockBit
BlockBit has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Cipher, BNDES and Oria Capital. 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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BNDES is recognized as Brazil's national development bank.
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Cipher is recognized for providing world-leading cybersecurity solutions.
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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 BlockBit
| 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 - BlockBit
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Blockbit Comparisons
Competitors of BlockBit
BlockBit 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 SecurityScorecard, Proofpoint, BitSight, Juniper Networks and Spirent, 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 security ratings and cybersecurity risk solutions are offered.
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Enterprise cybersecurity solutions are delivered via a cloud-based platform.
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Cloud-based cyber risk management solutions are delivered for various industries.
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Cloud-based enterprise networking and firewall solutions are delivered.
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Provider of automated testing and assurance solutions for networks, security, and positioning
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SaaS-based cloud security solutions are delivered for infrastructure protection.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about BlockBit
When was BlockBit founded?
BlockBit was founded in 1998.
Where is BlockBit located?
BlockBit is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
What does BlockBit do?
Founded in 1998 and based in Miami, United States, BlockBit operates in the cybersecurity sector. Enterprise network protection is delivered through hardware appliances featuring unified threat management, vulnerability and compliance management, and secure email exchange. Additional capabilities include firewall functions, intrusion prevention systems, VPN support, content filtering, advanced threat protection, antimalware, anti-spam, policy compliance, and vulnerability assessment, supported by an intelligence lab analyzing malware samples and vulnerabilities.
Who are the top competitors of BlockBit?
BlockBit's top competitors include Proofpoint, Spirent and SecurityScorecard.
What products or services does BlockBit offer?
BlockBit offers Blockbit SD-WAN, Blockbit NGFW, Blockbit XDR, and Blockbit SIEM.
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