Bitglass, Inc.
Bitglass, Inc. is a company.
Financial History
Leadership Team
Key people at Bitglass, Inc..
Bitglass, Inc. is a company.
Key people at Bitglass, Inc..
Bitglass, Inc. is a cybersecurity company that developed an agentless Cloud Access Security Broker (CASB) platform, delivering real-time data protection, threat prevention, and identity management for any application on any device from anywhere.[1][2][3] It secures SaaS apps like Office 365, IaaS platforms like AWS, private cloud apps, and mobile access through features such as data loss prevention (DLP), user and entity behavior analytics (UEBA), advanced threat protection powered by Cylance AI, single sign-on (SSO), multi-factor authentication, and Shadow IT discovery—all without requiring agents on devices.[1][3] Targeting enterprises, Bitglass solved the problem of protecting sensitive data in cloud and mobile environments amid shifting network perimeters, generating around $46.9 million in revenue with 58 employees before its acquisition.[3] The company demonstrated strong growth momentum, raising $150 million in funding from Tier 1 investors and achieving recognition in Gartner's Magic Quadrant for CASB, culminating in its acquisition by Forcepoint on October 11, 2021.[2][3]
Founded in 2013 in Campbell, California, by a team of industry veterans with a proven track record in innovation and execution, Bitglass emerged to address the growing need for cloud and mobile security as enterprises adopted SaaS, IaaS, and remote work models.[2][3] The idea stemmed from the limitations of traditional network perimeters, which failed to protect data "anywhere" on cloud apps and devices; the founders built an intermediary solution using APIs and proxies for end-to-end visibility and control without agents.[1][2] Early traction came from its comprehensive platform combining CASB with on-device secure web gateway and zero-trust network access, attracting backing from top investors and positioning it against competitors like Netskope and Illumio.[2][3] This foundation led to rapid scaling, with offices worldwide and a focus on real-time protection for critical enterprise applications.[3]
Bitglass stood out in the crowded cybersecurity market through these key strengths:
Bitglass rode the explosive growth of cloud adoption and zero-trust security trends, as enterprises shifted from perimeter-based defenses to protecting data across hybrid clouds, mobile devices, and remote workforces post-2010s.[2] Its timing was ideal amid rising SaaS usage (e.g., Office 365) and threats like ransomware, Shadow IT, and insider risks, filling a gap in agentless solutions when competitors like Netskope focused more on SSE platforms.[1][2][3] Market forces such as regulatory demands for compliance (e.g., GDPR, HIPAA) and the perimeter's erosion favored Bitglass's real-time DLP and UEBA, influencing the ecosystem by popularizing CASB as a core SASE component and paving the way for consolidations like its Forcepoint acquisition.[2][3] This helped standardize agentless security, benefiting startups in cybersecurity by validating investor interest in the sector, which saw thousands of firms tackling digital threats.[2]
Post-acquisition by Forcepoint in 2021, Bitglass's technology has likely been integrated to bolster Forcepoint's portfolio in data-centric security, enhancing its SASE offerings amid escalating cyber threats.[2] Looking ahead, trends like AI-driven attacks, quantum-resistant encryption, and edge computing will shape its legacy, with Forcepoint potentially expanding agentless CASB to new frontiers like IoT and multicloud environments. Its influence may evolve through broader enterprise adoption, driving consolidation in cybersecurity and reinforcing zero-trust as the gold standard—echoing its founding mission to secure any app, any device, anywhere in an increasingly borderless digital world.[1][2]
Key people at Bitglass, Inc..