$6.6 Million Raised by Bit Discovery Sell Attack Surface Management Tool

 

The Bit Discovery of Jeremiah Grossman has financed a further $4 million of capital investment to compete with the cluttered attack surface management space. Mighty Capital with return investor Aligned Partners led the Series B funding round to provide financing, with smaller investments from renowned security professionals like former head of Facebook security - Alex Stamos and Black Hat, including d Jeff Moss, founder of the DEF CON. Headquartered in Silicon Valley, California, United States, Mighty Capital is a VC company that delivers unique access to 300,000 PMs and a playbook to its portfolio firms to make them clients. Whereas, Aligned Partners is a venturing capital enterprise, providing its portfolio firms with venture capital skills and allowing entrepreneurs to grow smoothly and efficiently. Bit Discovery has generated a total of $6.6 million to design and sell an attack-surface management solution to support security programs. Attack Surface Management (ASM) solutions give foreign attackers a view to the attack surface of a company – they detect and monitor targets, services, IPs, areas, networks, hostnames, and others when they target the business. Attack Surface Management is a relatively new category for the management of vulnerabilities and the control of point-in-time penetration tests. It has become a very competitive category, with several companies challenging its market share. Bishop Fox, Intrigue, Randori, and CyCognito are well-funded participants in the area of attack surface management. Bit Discovery’s Grossman is a cybersecurity pioneer, who previously co-founded WhiteHat Security, described his company’s technology as “essential to vulnerability management, identifying areas of unknown risk, M&A processes, and IoT device identification.” “Fundamentally we don’t want to see any more companies breached simply because they don’t know what they own – es ..

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