About Solebit
Solebit is a company based in San Francisco (United States) founded in 2014 was acquired by Mimecast in July 2018.. Solebit has raised $11 million across 1 funding round from investors including Mimecast, MassMutual Ventures and Glilot. Solebit offers products and services including Advanced Email Security, Incydr, Aware, and Engage. Solebit operates in a competitive market with competitors including AVG Technologies, McAfee, Malwarebytes, Avast and Kaspersky, among others.
- Headquarter San Francisco, 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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- Legal Name Mimecast Services Limited
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Products & Services of Solebit
Solebit offers a comprehensive portfolio of products and services, including Advanced Email Security, Incydr, Aware, and Engage. 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.
Secures against email threats using AI-powered detection.
Manages insider threats and protects critical data.
Ensures compliance and security in team collaborations.
Identifies human risks and promotes behavior change.
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Software Development Team
93 people
Sales and Marketing
58 people
Leadership Team
40 people
Human Resources and Administration
36 people
Product Management Team
35 people
Finance and Accounting
24 people
Senior Team
22 people
Legal and Compliance
14 people
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Funding Insights of Solebit
Solebit has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series A round of $11 million completed in March 2018. 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 Series A — $11.0M
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First Round
First Round
(14 Mar 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Series A - Solebit | Valuation | ClearSky |
| 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 |
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Investors in Solebit
Solebit has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Mimecast, MassMutual Ventures and Glilot. 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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Corporate-backed venture capital fund
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Founded Year | Domain | Location | |
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Limited information is provided about Glilot's activities.
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Founded Year | Domain | Location | |
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ClearSky is engaged in venture capital and growth equity investments.
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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 Solebit
| 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 - Solebit
| 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 |
Solebit Comparisons
Competitors of Solebit
Solebit 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 AVG Technologies, McAfee, Malwarebytes, Avast and Kaspersky, 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 |
Anti-virus solutions are provided for endpoint devices globally.
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Antivirus suites and cybersecurity services are provided globally.
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Cloud-based anti-malware solutions are offered for enterprise protection.
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Cloud-based antivirus and anti-malware solutions are delivered for device protection.
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| domain | founded_year | HQ Location |
Cybersecurity software and threat protection services are provided by Kaspersky.
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| domain | founded_year | HQ Location |
Endpoint security is delivered via cloud-based antivirus software.
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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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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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Solebit
Frequently Asked Questions about Solebit
When was Solebit founded?
Solebit was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Solebit located?
Solebit is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Solebit a funded company?
Solebit is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series A of $11M, raised on Mar 14, 2018.
What does Solebit do?
Solebit was founded in 2014 in San Francisco, United States, and operates in the cybersecurity sector. An antimalware solution named SoloGate is provided, powered by a patented DvC engine for real-time, signature-less threat detection. Every line of code in inbound data files is evaluated using flow analysis, de-obfuscation, and content assessment to block malicious activity across machines, operating systems, and applications. The company has been acquired by Mimecast.
Who are the top competitors of Solebit?
Solebit's top competitors include AVG Technologies, Malwarebytes and McAfee.
What products or services does Solebit offer?
Solebit offers Advanced Email Security, Incydr, Aware, and Engage.
Who are Solebit's investors?
Solebit has 4 investors. Key investors include Mimecast, MassMutual Ventures, Glilot, and ClearSky.
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