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Industries
Data & Analytics
Enterprise Software
Cybersecurity
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$402M
Headquarters
Boston, Massachusetts
Founded
2011
Bitsight provides external cybersecurity ratings that quantify an organization’s security posture. It collects and analyzes signals from the internet—such as exposed assets, vulnerabilities, malware activity, and misconfigurations—then converts them into a continuous risk score and rating that updates over time. This helps customers like lenders, insurers, and enterprise security teams assess risk, monitor changes, and make informed decisions. Compared with competitors, Bitsight focuses on a standardized, widely adopted ratings framework backed by ongoing monitoring across many organizations, enabling easier integration into risk management workflows. The company’s goal is to transform how organizations manage cybersecurity risk by delivering objective, data-driven, continuously updated security ratings that stakeholders can trust.
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Total Funding
$402M
Above
Industry Average
Funded Over
7 Rounds
Health Insurance
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Unlimited Paid Time Off
Paid Parental Leave
401(k) Retirement Plan
401(k) Company Match
Tuition Reimbursement
Bitsight, a cyber risk intelligence company, has appointed John Clancy as chief executive officer, effective immediately. Clancy succeeds Steve Harvey, who is stepping down after six years during which the company quadrupled in size. Clancy brings over 25 years of software industry experience. Most recently, he served as Managing Director and Head of Portfolio Operations at PSG Equity, where he founded and led a value creation team supporting more than 100 portfolio companies and drove AI strategy across the firm's portfolio. Bitsight serves over 3,500 customers and has more than 75,000 organisations on its platform. The company provides cyber risk intelligence using AI to analyse external cybersecurity data, helping organisations identify vulnerabilities and manage threats across their infrastructure and third-party ecosystems.
Bitsight, a cyber risk intelligence company, has launched Security Posture Management (SPM), a platform designed to help organisations measure and improve cyber resilience. The solution combines threat intelligence, business context and AI-driven prioritisation to provide a comprehensive view of enterprise risk. Bitsight SPM uses AI-driven asset mapping and vulnerability prioritisation to help organisations identify exposures most likely to be exploited. The platform offers continuous asset discovery across cloud, SaaS, subsidiaries and third parties, with global benchmarking against peer groups. The solution addresses growing pressure on security leaders to demonstrate measurable risk reduction as AI-enabled attacks accelerate. It includes framework mapping, remediation guidance and workflow integrations with tools like Jira and ServiceNow to reduce manual overhead and align security operations with regulatory requirements.
Bitsight has launched Dark Web Intelligence for Supply Chains, a capability designed to detect and prioritise cyber threats across vendor ecosystems before they disrupt operations. The platform uses AI to surface real-time threat signals from deep, dark and open web sources, mapping them directly to an organisation's third-party suppliers. The system enables security teams to identify which vendors are being targeted or breached, often earlier than public disclosures. It correlates threat activity with vendor-specific exposures using the MITRE ATT&CK framework and employs Dynamic Vulnerability Exploitability scoring to predict which vulnerabilities will likely be exploited. The capability is now available as part of Bitsight Continuous Monitoring. According to the World Economic Forum, 78% of CEOs identify supply chain dependencies as a significant challenge to strengthening resilience.
Devs.com.pt | US cybersecurity firm Bitsight lays off over 50 employees in Portugal, replacing roles with AI technology as part of a strategic shift. Following its $155M acquisition of Cybersixgill, Bitsight integrates generative AI to enhance cybersecurity solutions while continuing to invest in specialized talent in Lisbon.
Milestone Underscores Growing Demand for Integrated Cyber Risk and Threat Intelligence.
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Industries
Data & Analytics
Enterprise Software
Cybersecurity
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$402M
Headquarters
Boston, Massachusetts
Founded
2011
Find jobs on Simplify and start your career today