BitDam

Advanced Threat Protection for Enterprises

Cyber Security
Acquired (Inactive) by Datto on Mar 2021 - closed due to acquisition

Company Overview

Snapshot

Founded in December 2015 by Liron Barak and Maor Hizkiev, BitDam operated with 11–50 employees. The company raised $3M across one funding round from three investors. BitDam was acquired by Datto in March 2021.

Business overview

BitDam develops an advanced threat protection (ATP) solution designed to block sophisticated content-borne attacks across various enterprise communication channels, including email, cloud storage, and instant messaging. Its attack-agnostic, cloud-based solution detects threats pre-delivery, serving organizations globally. The company operates within the Cyber Security sector, focusing on enterprise security, application security, network security, and data protection.

Strategic signal

In March 2021, BitDam was acquired by Datto, a significant development that marked the company's exit from the startup phase. This acquisition by a larger technology firm validates BitDam's advanced threat protection technology and its market relevance, signaling a successful strategic outcome for its investors and founders.

Company Intelligence Q&A

When was BitDam founded?
BitDam was founded in December 2015.
Who are the founders of BitDam?
BitDam was co-founded by Liron Barak and Maor Hizkiev.
What was a significant recognition BitDam received?
In May 2020, BitDam was named a Cool Vendor in Cloud Office Security by the Gartner Research Group.
What was the outcome for BitDam in March 2021?
In March 2021, BitDam was acquired by Datto, leading to its status as an inactive company.
What was a key product development for BitDam in July 2020?
In July 2020, BitDam made its Advanced Threat Protection for Microsoft OneDrive available in the Microsoft Azure Marketplace.

External links