Loading organizations...
Solebit has raised $13.0M across 2 funding rounds.
Solebit has raised $13.0M in total across 2 funding rounds.
Solebit was a cybersecurity startup founded in 2014 that developed a cloud-based SaaS platform to protect networks from zero-day attacks and advanced persistent threats (APTs) by blocking malicious active content at the delivery phase using flow analysis, de-obfuscation, and content evaluation.[1][2][6] Its core product, the SoleGATE Security Platform anchored by the DvC engine, provided signature-less, real-time malware prevention independent of file type, OS, or evasion techniques, serving enterprises in financial services, healthcare, IT, public sector, retail, and defense contractors.[2][6] The company raised $13M total, including an $11M Series A in 2018, before being acquired by Mimecast for $100M in July 2018, demonstrating strong growth momentum in the cybersecurity space.[1][2]
Note: Separate entities exist with similar names, such as a Canadian big data/cloud services firm (Solebit Inc.) focused on analytics and fintech platforms using Hadoop and Spark, but the primary Solebit matching the cybersecurity profile and acquisition is the one detailed here.[3][4][5]
Solebit was founded in 2014 in San Francisco, California, with additional offices in Tel Aviv, Israel, by a team of Israeli cybersecurity experts from elite Israel Defense Forces technology units.[1][2][6] Key founders included Boris Vaynberg (Co-Founder & CEO), Meni Farjon (Co-Founder & CTO), and Yossi Sara (Co-Founder & VP Products).[2] The idea emerged from recognizing gaps in existing defenses against zero-day malware and APTs, where traditional behavioral analysis failed due to evasion tactics requiring execution in target environments.[6] Early traction came from deployments with major US and European enterprises, including financial organizations and telecom providers, bolstered by investors like Glilot Capital Partners, MassMutual Ventures, ClearSky, and Microsoft ScaleUp, leading to the high-value Mimecast acquisition in 2018.[1][2][6]
Solebit stood out in cybersecurity through these key strengths:
Solebit rode the explosive growth of zero-day and APT threats amid rising ransomware and supply-chain attacks, capitalizing on the shift to cloud-native security in the mid-2010s.[1][6] Its timing aligned with surging demand for pre-execution defenses, as enterprises moved beyond signature-based tools toward behavioral and content-analysis innovations—exemplified by Israeli cybersecurity dominance at events like RSA Conference.[1] Market forces like increasing regulatory pressures in finance/healthcare and the cat-and-mouse evasion arms race favored Solebit's paradigm shift, influencing the ecosystem by validating delivery-phase prevention models later integrated into broader platforms post-acquisition.[2][6] The $100M Mimecast deal underscored Israel's "Startup Nation" impact, boosting investor confidence in similar ventures like LightCyber and Axonius.[1]
Post-2018 acquisition, Solebit's technology likely enhanced Mimecast's email/cloud security portfolio, evolving into integrated zero-day protections amid ongoing threats like AI-driven malware.[1][2] Trends such as zero-trust architectures and real-time SaaS defenses will shape its legacy, potentially expanding DvC-like engines to edge computing and multi-cloud environments. Its influence may grow through Mimecast's global reach, inspiring next-gen Israeli cyber firms while highlighting acquisition paths for high-momentum startups in a market projected to exceed $200B by 2026. This trajectory ties back to Solebit's core strength: preempting invisible threats at the gate.
Solebit has raised $13.0M in total across 2 funding rounds.
Solebit's investors include Accel, Battery Ventures, Bonfire Ventures, Cyberstarts VC, Dreamers VC, Glilot Capital Partners, Kleiner Perkins, MassMutual Ventures, MTech Capital, SYN Ventures, Team8, Vertex Ventures Israel.
Solebit has raised $13.0M across 2 funding rounds. Most recently, it raised $11.0M Series A in March 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2018 | $11.0M Series A | Accel, Battery Ventures, Bonfire Ventures, Cyberstarts VC, Dreamers VC, Glilot Capital Partners, Kleiner Perkins, MassMutual Ventures, MTech Capital, SYN Ventures, Team8, Vertex Ventures Israel, Wildcat Ventures, Rakesh K. Loonkar, Rob Glaser, Shlomo Kramer, Yuval Shahar | |
| Mar 1, 2015 | $2.0M Seed | Accel, Battery Ventures, Cyberstarts VC, Glilot Capital Partners, Kleiner Perkins, Team8, Vertex Ventures Israel, Rakesh K. Loonkar, Shlomo Kramer, Yuval Shahar |