Cyberbit logo — The World's Leading Cyber Skills Development Platform

Cyberbit

The World's Leading Cyber Skills Development Platform

Founded 2015 United States Boston, United States 209 employees Private Equity Total: $100.00M Cyber Security, Information Technology

General Information

Company Name Cyberbit
Founded Year 2015
Location United States Boston, United States
Employees 209
Industries Cyber Security, Information Technology
Funding Stage Private Equity
Social

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About Cyberbit

Cyberbit is a Cyber Security and Information Technology company founded in 2015 with a mission to address the critical issue of cybersecurity teams being unprepared to handle cyberattacks. Traditional training methods offer little in the way of progress measurement and can lead to real-world consequences. This has resulted in an imbalance of investment in cybersecurity tools versus the knowledge, skills, and experience of cybersecurity teams, ultimately leading to an increase in breaches. To combat this, Cyberbit has developed the world's first hyper-realistic cyber skilling platform.

Their Skills Development platform incorporates cyber labs, commercial tool training, and live-fire cyber range exercises, all aligning with industry best practices to ensure that cybersecurity professionals are well-equipped. The platform boasts a performance-based assessment using advanced network sensors to validate a team's skills, instilling confidence in their ability to protect digital assets. Notably, Cyberbit houses the world's largest catalog of on-demand simulated attacks, covering a wide array of cyber threats.

Cyberbit has garnered significant attention, with a $70.00M Private Equity Round investment on 19 May 2020 from Charlesbank Capital Partners and Claridge Israel. This substantial investment underscores the confidence of some of the leading organizations and investors in the cybersecurity space in the potential of Cyberbit.

The company's wide reach is evident in its global clientele, including Fortune 500 organizations, MSSPs, governments, and academic institutions, who rely on Cyberbit to elevate their cybersecurity capabilities. With a track record of delivering over million hours of training annually across 5 continents, Cyberbit is making significant strides in transforming cybersecurity practitioners into elite cyber defenders.

Business keywords: Skills Development, Cyber Range, Security Operations, Simulation, Incident Response, Cyber Defenders, Cyber Attacks, Real-world Tools, Network Sensors, Ransomware, DDoS, SOC Team, Digital Assets Protection

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round $70.00M 2
Charlesbank Capital Partners, Claridge Israel
19 May 2020
Venture Round $30.00M 1
Claridge Israel
04 Jun 2018

Cyberbit Alternatives & Competitors

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FAQ About Cyberbit

The World's Leading Cyber Skills Development Platform
Cyberbit was founded in 2015.
Cyberbit is headquartered in Boston, United States.
Cyberbit operates in Cyber Security and Information Technology. Its work centres on Skills Development, Cyber Range, Security Operations and Simulation.
Cyberbit has approximately 209 employees.
Cyberbit has completed 2 funding rounds, raising a total of $100.00M. The latest funding stage is Private Equity.
Top alternatives and competitors to Cyberbit include RangeForce, CybExer Technologies, Cydarm Technologies, CyberForce|Q, RedWolf Security. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cyberbit and RangeForce are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cyberbit, https://bouncewatch.com/company/cyberbit, updated 13 November 2024. When citing, please name BounceWatch and link this page.

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