Bit Discovery
And operates a platform for website asset inventory and portfolio management.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
Related Content
Bit Discovery, founded in 2018 by cybersecurity veterans Jeremiah Grossman and Robert Hansen, specialized in External Attack Surface Management (EASM). The company's core mission was to provide organizations with a comprehensive inventory of their internet-facing assets to mitigate security risks.
The founders brought extensive experience to the venture. Jeremiah Grossman previously founded WhiteHat Security and served as an information security officer at Yahoo!. Robert Hansen was a security pioneer at eBay, where he focused on authentication, anti-fraud, and anti-phishing technologies. Their combined expertise addressed a critical market need: many organizations lack a complete and current inventory of their digital assets, including websites, servers, and IoT devices, making them vulnerable to cyberattacks.
Bit Discovery developed a cloud-based platform that continuously monitors the internet to discover and inventory all of a client's externally facing assets. The service provided real-time alerts when changes in the asset inventory occurred. This allowed clients to identify both known and previously unknown assets that could be potential targets for cybercriminals. The platform's ability to map an organization's entire attack surface offered a significant benefit for vulnerability scanning, compliance, and overall risk management. The business model was based on an annual subscription, with pricing determined by the number of assets being monitored.
In May 2022, Tenable, a prominent cyber exposure company, announced its acquisition of Bit Discovery for approximately $44.5 million. This strategic move was intended to integrate Bit Discovery's EASM capabilities across Tenable's entire product portfolio, providing customers with a 360-degree view of their attack surface, both internally and externally.
Keywords: external attack surface management, EASM, asset discovery, cybersecurity, asset inventory, vulnerability management, digital footprint, cyber risk, Tenable, Jeremiah Grossman, Robert Hansen, internet-facing assets, security posture, portfolio management, continuous monitoring, risk assessment, network security, threat intelligence, data breach prevention, security analytics