
Bitglass
Bitglass is a technology company.
Financial History
Bitglass has raised $150.0M across 4 funding rounds.
Frequently Asked Questions
How much funding has Bitglass raised?
Bitglass has raised $150.0M in total across 4 funding rounds.

Bitglass is a technology company.
Bitglass has raised $150.0M across 4 funding rounds.
Bitglass has raised $150.0M in total across 4 funding rounds.
Bitglass has raised $150.0M in total across 4 funding rounds.
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.
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]
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]
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]
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]
Bitglass has raised $150.0M across 4 funding rounds. Most recently, it raised $70.0M Series D in April 2019.
| Date | Round | Lead Investors | 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 |