Cyberbit builds a hyper‑realistic simulation platform and advanced cyber range that trains cyber operators and executives by replicating attacks, networks, and commercial security tools. The platform is used across industry, government, and higher education and delivers over 1 million hours of exercises annually. Recent strategic moves include relocating the company’s global headquarters to Newburyport, Massachusetts, appointing Caleb Barlow as CEO, and launching a government‑focused subsidiary. The company has added leadership from the IBM team that established the first commercial cyber range. Cyberbit says its platform reduces cyber risk, boosts resilience, and improves team retention. Ongoing product development and planned expansion target North America as well as Europe, the Middle East, and Indo‑Pacific markets. Cyberbit delivers a cloud-based cyber range that replicates real-world cyberattacks and immerses trainees in a virtual security operations center where they use commercial security tools to respond to live simulated attacks. The platform offers comprehensive performance assessment, feedback and ranking to help organizations identify and fix gaps in their security teams’ performance. Customers include multiple Fortune 500 enterprises, two of the Big-Four accounting firms, training service providers, governments and academic institutions. Founded in 2015 and based in Ra’anana, Israel, Cyberbit plans to accelerate development of its cyber range product and expand global sales and marketing. The company recently received a major capital infusion that affects its current financial position and runway. Leadership is led by CEO Adi Dar. Cyberbit offers a consolidated detection-and-response platform that protects IT, OT and IoT attack surfaces, including endpoint detection and response powered by behavioral analysis, SOAR, ICS/SCADA security, and a cyber range for simulated training. The company’s products have been adopted by enterprises, governments, academic institutions and MSSPs worldwide. Cyberbit is a subsidiary of Elbit Systems Ltd., was founded in mid-2015, and is led by CEO Adi Dar. It has offices in Israel, the US, Europe and Asia and is headquartered in Ra’anana, Israel. The company raised $30M to expand sales and marketing—primarily in North America—accelerate product development, and enhance customer and partner support. Oded Tal of Claridge Israel will join Cyberbit’s board of directors following the investment.

Total raised

$100M

Funding rounds

3

Latest round

Equity

Latest activity

May 2020