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Bitglass
CASB Providing Total Data Protection, Beyond the Firewall
About Bitglass
Bitglass was a cybersecurity company that specialized in Cloud Access Security Broker (CASB) solutions, operating within the enterprise security market. Founded in 2013, the company was established by a team with prior experience in the security sector, including co-founders Nat Kausik, who served as CEO, and Anurag Archarya. Their collective background in companies like HP and Netscreen informed their approach to addressing security challenges arising from the enterprise shift to cloud applications.
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The firm's core offering was a comprehensive security platform designed to protect corporate data across various cloud applications, personal devices (BYOD), and unmanaged endpoints. This platform delivered end-to-end data protection through several key functionalities. It provided identity management with single sign-on and multi-factor authentication, ensuring that only authorized users could access sensitive information. Furthermore, it offered robust data loss prevention (DLP) capabilities, using techniques like watermarking and redaction to prevent data leakage from applications such as Office 365, Google Workspace, and Slack. The platform also included advanced threat protection to defend against malware and other cyber threats. Bitglass targeted enterprise-level clients, helping them secure data without needing to install agents on end-user devices, which simplified deployment and management.
The business model was centered on providing its security solutions as a service. In a significant market development, Bitglass was acquired by Forcepoint in October 2021. This acquisition integrated Bitglass's CASB technology into Forcepoint's broader Security Service Edge (SSE) platform, which combines CASB with Secure Web Gateway (SWG) and Zero Trust Network Access (ZTNA) to offer a unified security solution. The integration aimed to provide a more holistic approach to securing distributed workforces and hybrid cloud environments.
At a glance
- Status
- Acquired
- Founded
- 2013
- Headquarters
- Campbell, United States
- Employees
- 19
- Open positions
- None listed
- Dealroom signal
- 74.9/100
- Industry
- Security, Enterprise Software
- Sub-industry
- Data protection
- Sector
- Risk Management, Brokerage, Cybersecurity, Hard Tech
- Technology
- Hardware
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Oct 2021 | $0 | — | Forcepoint | — |
| SERIES DOther financing | Apr 2019 | $70M | $280M | NEA · Singtel Innov8 · Norwest Venture Partners · Future Fund | — |
Growth signals
Latest recorded traffic for Bitglass is 37K monthly website visits, up 54.2% over the last three months. Bitglass's team declined 13.6% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Norwest Venture Partners
NEA
Singtel Innov8
Series B and later2 investors entered at this stage
Future Fund
Quadrille Capital
Other known investors1 additional known investor
Forcepoint
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Bitglass on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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