Bitglass

Bitglass is a technology company.

Active

Updated: Feb 17, 2026 ·

Recent News & Mentions

Apr 1, 2019FundingBitglass - Series D Jan 1, 2017FundingBitglass - Series C Aug 1, 2014FundingBitglass - Series B Mar 1, 2013FundingBitglass - Series A

Financial History

Bitglass has raised $150.0M across 4 funding rounds. Most recently, it raised $70.0M Series D in April 2019.

Total Raised

$150.0M

Valuation

N/A

Funding Rounds Raised

Date	Round	Other Investors
Apr 1, 2019	$70.0M Series D	Alchemy Ventures, Cervin Ventures, Neotribe Ventures, Aaron Jacobson, Forest Baskett, Scott Sandell, New Enterprise Associates, Norwest Venture Partners, Quadrille Capital, R136 Ventures, Walden Catalyst Ventures
Jan 1, 2017	$45.0M Series C	Alchemy Ventures, Cervin Ventures, Neotribe Ventures, Scott Sandell, New Enterprise Associates, Norwest Venture Partners, R136 Ventures, Walden Catalyst Ventures
Aug 1, 2014	$25.0M Series B	Alchemy Ventures, Cervin Ventures, Neotribe Ventures, Scott Sandell, New Enterprise Associates, Norwest Venture Partners, R136 Ventures, Walden Catalyst Ventures
Mar 1, 2013	$10.0M Series A	Alchemy Ventures, Cervin Ventures, Neotribe Ventures, Scott Sandell, New Enterprise Associates, Norwest Venture Partners, R136 Ventures, Walden Catalyst Ventures

Financial History

Bitglass has raised $150.0M across 4 funding rounds.

Total Raised

$150.0M

Valuation

N/A

Deep Dive

High-Level Overview

Bitglass was a Silicon Valley-based technology company specializing in cloud security, primarily as a next-generation Cloud Access Security Broker (CASB) provider. It built a multi-mode CASB platform, integrated into a broader Secure Access Service Edge (SASE) solution including SmartEdge SWG and Zero Trust Network Access (ZTNA), to secure SaaS apps, IaaS instances (e.g., AWS, Azure, GCP), data lakes, and private applications.[1][2][3][4] Serving enterprises in regulated industries like healthcare and financial services, Bitglass addressed critical gaps in cloud adoption, BYOD, and remote work by offering agentless data protection, real-time threat detection via machine learning, data loss prevention (DLP), and user/entity behavior analytics (UEBA)—preventing data leakage, malware, and risky sharing without software installations on devices.[2][3] Its Polyscale Architecture ensured 99.99% uptime globally across 280+ points of presence, delivering visibility, compliance, and performance optimization.[2][3]

Origin Story

Founded in 2013 by a team of industry veterans with a proven track record in innovation and execution, Bitglass emerged from Silicon Valley to tackle the rising security challenges of cloud-first environments.[3] The idea stemmed from the need for agentless, zero-day protection as enterprises shifted to SaaS, IaaS, and BYOD, filling gaps left by traditional agent-based tools that hindered deployment and privacy.[1][2] Early traction came from its multi-mode CASB, which quickly gained adoption for rapid rollout and cost savings, backed by Tier 1 investors; by 2015, it achieved independently verified 99.99% uptime, solidifying its position in cloud security.[2][3]

Core Differentiators

Agentless Architecture: Deploys without software installations, ideal for BYOD and remote work, providing end-to-end security, privacy protection, and quick rollout—unlike invasive agent-based competitors.[2][3]
Multi-Mode CASB with ML-Driven Protection: Combines real-time (inline) and out-of-band (API-based) controls for data at rest/access, DLP, UEBA, malware blocking, and adaptive learning for new apps/threats/behaviors.[2][3]
Global Polyscale Performance: Scales automatically across 280+ PoPs for 99.99% uptime since 2015, faster app access, and business continuity; integrates with CrowdStrike for malware prevention on unmanaged devices.[2][4]
Integrated SASE Platform: Gartner-MQ-leading CASB plus on-device SWG and ZTNA for total cloud security, with features like selective wipe, DRM, and IaaS misconfiguration scanning.[3][4]

Role in the Broader Tech Landscape

Bitglass rode the explosive growth of cloud adoption and SASE trends in the mid-2010s, as enterprises faced surging SaaS/IaaS usage amid BYOD and remote work shifts post-2020, amplifying needs for visibility and zero-trust security.[1][2][4] Its timing was ideal during the pivot from legacy perimeter defenses to agentless, cloud-native solutions, enabling regulated sectors to comply without sacrificing agility amid rising cyber threats like data exfiltration.[2][3] By influencing the CASB market—recognized in Gartner Magic Quadrant—Bitglass helped standardize multi-mode protection, paving the way for integrated SASE ecosystems and integrations like CrowdStrike, though its standalone trajectory shifted as the space consolidated.[4]

Quick Take & Future Outlook

As a pioneering CASB innovator, Bitglass demonstrated strong product-market fit in agentless cloud security, but search data suggests it operated as an independent entity through at least 2019 without recent updates, implying potential acquisition or pivot in the consolidating SASE market.[1][3] Next steps likely involve legacy integration into larger platforms (e.g., via investors or buyers), shaped by AI-enhanced threats and zero-trust mandates. Its influence endures in modern SASE, underscoring how early agentless bets defined secure cloud transitions—much like its founding mission to protect any app, device, anywhere.[2][3]

Sources

Frequently Asked Questions

How much funding has Bitglass raised?

Bitglass has raised $150.0M in total across 4 funding rounds.

Who are Bitglass's investors?

Bitglass's investors include Alchemy Ventures, Cervin Ventures, Neotribe Ventures, Aaron Jacobson, Forest Baskett, Scott Sandell, New Enterprise Associates, Norwest Venture Partners, Quadrille Capital, R136 Ventures, Walden Catalyst Ventures.