BitDam

Company Overview

Snapshot

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

Business overview

BitDam developed 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 technology detects threats pre-delivery, serving organizations globally by uncovering threats that other security solutions miss. The company operated 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, signaling a successful exit for the cybersecurity firm. This acquisition highlights the strategic value of BitDam's advanced threat protection technology in the broader market, particularly for companies like Datto seeking to enhance their security offerings and expand their capabilities in combating sophisticated cyber threats.

Company Intelligence Q&A

What is BitDam's primary offering?

BitDam provides an advanced threat protection (ATP) solution that blocks content-borne attacks across enterprise communication channels such as email, cloud storage, and instant messaging.

When was BitDam acquired and by whom?

BitDam was acquired by Datto in March 2021.

How much capital did BitDam raise?

BitDam raised $3M in total capital across one funding round. The funding round was in May 2017.

Which investors participated in BitDam's funding round?

In May 2017, BitDam received funding from Marius Nacht and Taya Ventures. Moshe Lichtman also participated in this round.

What recognition did BitDam receive from Gartner?

In May 2020, BitDam was named a Cool Vendor by Gartner in their Cool Vendors in Cloud Office Security report.