Draft:Bitglass

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  • Symbol opinion vote.svg Comment: Noevidence of notability for this startup See WP:NCORP DGG ( talk ) 00:33, 14 April 2019 (UTC)

Bitglass, Inc. is an American cloud security software company founded in 2013 that provides data and threat protection for companies deploying public cloud applications via Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) delivery models. Bitglass is in a category of technology classified by Gartner as Cloud Access Security Brokers.[1] Bitglass is recognized as a leader in the Gartner Magic Quadrant for Cloud Access Security Brokers.[2] Bitglass is based in Campbell, CA, with sales and support locations globally.

History[edit]

Bitglass was founded by Nat Kausik, Anoop Bhattacharjya, Chris Chan, and Anurag Kahol, with $10 million in funding.[3]

Founder Nat Kausik became the company CEO in January 2012. In January 2013, the company launched and made its cloud and mobile security software[4] generally available.

On August 25, 2014, Bitglass announced series B funding of $25 million[5] with investment from existing investors New Enterprise Associates and Norwest Venture Partners, as well as new investor Singtel Innov8.[6]

On June 2, 2015, based on the work of Anurag Kahol, Anoop Bhattacharjya, and Nat Kausik, Bitglass was granted US Patent 9,047,480 for a secure application access system.[7] Four other patents have been issued to the company covering related data protection technologies.[8]

On January 6, 2017, as a result of the rapid adoption of applications outside the corporate perimeter[9], Bitglass announced series C funding of $45 million, led by Future Fund, a sovereign wealth fund owned by the country of Australia, with participation from all prior investors.[10]

In March 2017, Bitglass launched the Bitglass Authorized Reseller (BAR) program,[11] expanding the distribution reach of the company to hundreds of resellers, distributors, and channel partners globally.

In June 2018, The Wall Street Journal named Bitglass its Top Tech Company to Watch in 2018[12].

In March 2019, General Dynamics announced[13] that it had entered into an agreement with Bitglass to bring military grade cloud security to government agencies[14].

In April, 2019, the company announced series D funding of $70 million from new investor Quadrille Capital and existing investors FutureFund, New Enterprise Associates, Norwest, and Singtel Innov8, bringing its total venture capital raised to around $150 million.[15]

Technology[edit]

Bitglass software is delivered as a SaaS via a globally distributed cloud built on Amazon Web Services. The solution leverages inline proxies and API connections to cloud applications in order to apply data and threat protection policies to corporate data-in-transit to/from cloud applications, as well as to data-at-rest in cloud applications. Bitglass can enforce policies including contextual access control, data leakage prevention, file and field encryption, anti-malware, user behavior analytics and audit logging on the cloud application data that it inspects.

External links[edit]

Official Website

References[edit]

  1. ^ "Magic Quadrant for Cloud Access Security Brokers". www.gartner.com. Retrieved 2019-04-11.
  2. ^ "Bitglass Named a Leader in Gartner's 2018 Magic Quadrant for CASB". Security Boulevard. 2018-11-01. Retrieved 2019-04-11.
  3. ^ Perez, Sarah (January 29, 2014). "Backed by $10M, Stealthy Startup Bitglass Reveals Its Enterprise Security Solution for Mobile & Cloud". TechCrunch.
  4. ^ Kepes, Ben. "Security Without Surveillance: If Only It Was As Easy For The NSA As It Is For Bitglass". Forbes. Retrieved 2019-04-17.
  5. ^ Clark, Don (2014-08-05). "Cloud Security Provider Bitglass Boosts Its Bank Account by $25M". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-04-17.
  6. ^ "Series B - Bitglass". CrunchBase. August 5, 2014.
  7. ^ "US Patent for Secure application access system Patent (Patent # 9,047,480 issued June 2, 2015) - Justia Patents Search". patents.justia.com. Retrieved 2019-04-11.
  8. ^ "Patents Assigned to Bitglass, Inc. - Justia Patents Search". patents.justia.com. Retrieved 2019-04-11.
  9. ^ Zakrzewski, Cat (2017-01-07). "Bitglass Secures $45 Million for Cloud Security". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-04-17.
  10. ^ "Australia Leads $45 Million Investment in Data Security Startup". Fortune. Retrieved 2019-04-11.
  11. ^ "Bitglass Expands Sales Presence with Launch of New Partner Program". finance.yahoo.com. Retrieved 2019-04-17.
  12. ^ Graphics, WSJ com News. "AI, Blockchain and Cybersecurity Startups Dominate 2018 Tech Companies to Watch List". WSJ. Retrieved 2019-04-17.
  13. ^ "General Dynamics Mission Systems Partners with Bitglass to Deliver Best-in-Class Next-Generation Cloud Security". Wall Street Journal. 2019-03-04. ISSN 0099-9660. Retrieved 2019-04-17.
  14. ^ "Business - NYTimes.com". markets.on.nytimes.com. Retrieved 2019-04-17.
  15. ^ "Bitglass raises $70 million to monitor and secure employee devices". VentureBeat. 2019-04-08. Retrieved 2019-04-11.