OverviewSuggest Edit

BitSight Technologies is a company providing cyber risk management solutions. It offers a BitSight Security Ratings Platform that generates daily security ratings and helps users to manage third party risk, underwrite cyber insurance policies, benchmark performance, conduct M&A due diligence as well as assess aggregate risk. The company serves financial services, retail, business services, utilities, technology, healthcare, and manufacturing industries.
TypePrivate
Founded2011
HQBoston, MA, US
Websitebitsight.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Feb 2021)447(+2%)
Cybersecurity ratingAMore

Key People/Management at BitSight

Steve Harvey

Steve Harvey

CEO, Director
Stephen Boyer

Stephen Boyer

Co-Founder & CTO, Director
Shaun McConnon

Shaun McConnon

Director
Jay Roxe

Jay Roxe

CMO
Nagarjuna Venna

Nagarjuna Venna

Co-Founder
Elizabeth Fischer

Elizabeth Fischer

General Counsel
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BitSight Office Locations

BitSight has offices in Boston, Lexington, Raleigh and Lisbon
Boston, MA, US (HQ)
111 Huntington Ave #2010
Lexington, MA, US
One Cranberry Hill #304
Raleigh, NC, US
510 Glenwood Ave #301
Lisbon, PT
Campolide
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BitSight Financials and Metrics

Summary Metrics

Founding Date

2011

BitSight total Funding

$148.4 m

BitSight latest funding size

$60 m

Time since last funding

3 years ago

BitSight investors

BitSight's latest funding round in June 2018 was reported to be $60 m. In total, BitSight has raised $148.4 m. BitSight's latest valuation is reported to be $600 m.
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BitSight Revenue

Market valuation

600.0m
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BitSight Operating Metrics

BitSight's Enterprise Customers was reported to be 1.8 k in Nov, 2019.
Dec, 2016Jun, 2018Aug, 2018Feb, 2019Nov, 2019

Companies Monitored (Cyber Risk)

70 k125 k160 k170 k

Enterprise Customers

500 1.20 k1.20 k1.50 k1.80 k

Patents

15

Trademarks

12
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BitSight Acquisitions / Subsidiaries

Company NameDateDeal Size
AnubisnetworksOctober 21, 2014

BitSight Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

BitSight Online and Social Media Presence

Embed Graph

BitSight News and Updates

Third Party Risk Management Market Aims to Expand at Double Digit Growth Rate | Bitsight Technologies, Genpact, LockPath

The latest edition of this report you will be entitled to receive additional chapter / commentary on latest scenario, economic slowdown and COVID-19 impact on overall industry. Posted via Industry Today. Follow us on Twitter @IndustryToday

BitSight Appoints Bob Brennan as Chairman of the Board of Directors

BOSTON, June 16, 2020 /PRNewswire/ -- BitSight, the Standard in Security Ratings, today announced it has appointed Bob Brennan to Chairman of its Board of Directors. Brennan is a seasoned executive and advisor with more than three decades in information security and technology leadership...

BitSight Announces New "Xperience" Virtual Event and Comprehensive Speaker Lineup to Discuss Third-Party Risk Management Best Practices

BOSTON, June 8, 2020 /PRNewswire/ -- BitSight, the Standard in Security Ratings, today announced the full agenda for its first-ever "BitSight Xperience" virtual event, taking place on June 23, 2020 from 9:00 - 3:30 p.m. EDT. Xperience brings together both business executives and...

New BitSight Innovations Help Organizations Achieve a Higher Standard for Third-Party Risk Management

BOSTON, June 1, 2020 /PRNewswire/ -- BitSight, the Standard in Security Ratings, today announced several new, innovative capabilities within its BitSight for Third-Party Risk Management solution that provide intelligent recommendations, operational guidance, and risk prioritization to...

BitSight Appoints Tim Adams to CFO, Jay Roxe to CMO

BOSTON, May 26, 2020 /PRNewswire/ -- BitSight, the Standard in Security Ratings, today announced it has appointed Tim Adams to Chief Financial Officer (CFO) and Jay Roxe to Chief Marketing Officer (CMO). Adams joins BitSight from biotechnology company ObsEva where he held the same role,...

BitSight Recognized as a 2020 Gartner Peer Insights Customers' Choice for IT Vendor Risk Management Tools

BOSTON, May 20, 2020 /PRNewswire/ -- BitSight, the Standard in Security Ratings, today announced it has been named a 2020 Gartner Peer Insights Customers' Choice for IT Vendor Risk Management (VRM) Tools. The Customers' Choice distinction is based on verified customer reviews of the...
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BitSight Blogs

BitSight Predicts the Top 5 Cybersecurity Trends for 2020

Cyber-attacks have dominated the headlines in the past decade; wreaking havoc with systems, holding data to ransom, undermining public trust in corporations and governments, and causing untold financial damage. 

The Intersection of Third Party Risk and Insurance

Matt Cherian, Vice President of Strategic Partnerships, discusses why it's becoming increasingly urgent to find better tools for assessing third party vendor risk when underwriting for a policy.

The DoD’s Cybersecurity Maturity Model Certification Draws a Line in the Sand for Third Party Risk

Federal technology contractors hold the keys to our nation’s security in their networks, servers, and databases. Yet, recent incidents point to worrisome vulnerabilities that indicate increased cyber risk to defense contractors and the supply chain. 

EDP utilizes BitSight platform for Security Performance Management

Information security is vital for operating in a secure environment, and as one of the largest energy companies in the world, Energias de Portugal (EDP) recognises this. It used a BitSight solution to improve its security performance and build confidence among its stakeholders. Pa…

How Healthcare Organizations Can Get Ahead of New and Worrisome Cybersecurity Developments

Cybersecurity is a priority for many organizations these days, but one sector of particular concern is healthcare.

Business Email Compromise: 5 ways this fraud could happen and what can be done to prevent it

TechRepublic's Karen Roby talked with Stephen Boyer of BitSight about Business Email Compromise (BEC) and what to do if a person falls victim. The following is an edited transcript of their interview.
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BitSight Frequently Asked Questions

  • When was BitSight founded?

    BitSight was founded in 2011.

  • Who are BitSight key executives?

    BitSight's key executives are Steve Harvey, Stephen Boyer and Shaun McConnon.

  • How many employees does BitSight have?

    BitSight has 447 employees.

  • Who are BitSight competitors?

    Competitors of BitSight include JANUS Research Group, ThreatConnect and Prevalent.

  • Where is BitSight headquarters?

    BitSight headquarters is located at 111 Huntington Ave #2010, Boston.

  • Where are BitSight offices?

    BitSight has offices in Boston, Lexington, Raleigh and Lisbon.

  • How many offices does BitSight have?

    BitSight has 4 offices.