November 2024
CYBERSECURITY
Bright Pixel Capital portfolio company Cybersixgill is acquired by Bitsight
The Israeli startup specialized in cyber threat intelligence (CTI) joins the global cyber risk management company
Cybersixgill, a leading global cyber threat intelligence (CTI) data provider that specializes in processing and alerting teams to emerging threats, Tactics, Techniques and Procedures (TTP’S), Indicators of Compromise (IOC’s) and their exposure to risk as it surfaces on the clear, deep and dark web, has been acquired by Bitsight, a global company specialized in cyber risk management.
The Israeli startup founded in 2014, which has more than 80 employees and works with global companies such as financial institutions, government agencies and security forces, had been part of Bright Pixel’s portfolio since 2020, when Bright Pixel co-led a 15 million dollar investment round in the company. Bright Pixel also participated in a subsequent funding of the company, supporting its growth until its acquisition.
“Bitsight’s acquisition of Cybersixgill demonstrates the relevance, innovation and differentiation of its cyber attack prevention technology in the global market. As partners of Cybersixgill for the last 5 years, we are proud to see them grow and reach this new milestone, which will allow them to scale their expertise and enhance Bitsight’s cybersecurity solutions offering”, says Eduardo Piedade, Managing Partner at Bright Pixel.
With cyberattacks on the rise, CTI data is increasingly vital. However, applying threat intelligence findings to one’s own attack surface – or that of their supply chain – can be extremely complex, costly, and time-consuming. The combination of Bitsight and Cybersixgill will give security leaders highly relevant threat insights in their unique digital landscape. Bitsight’s powerful asset mapping capabilities, alongside the real-time threat insights of Cybersixgill, will help security leaders rapidly pinpoint emerging threats within a single, unified solution.
“The acquisition of Cybersixgill is a major step forward in our product vision, enabling us to deliver unparalleled insight into risk and threat exposure across an organization’s extended attack surface”, declares Steve Harvey, CEO of Bitsight. “With the integration of Cybersixgill’s team and technology, we can deliver even deeper insights to Bitsight customers about the targeted threats unique to their infrastructure. We’re committed to investing in Cybersixgill’s industry-leading products and will continue to drive innovation to bring even greater value to customers. Together, we’re unlocking a new level of cyber risk management, empowering organizations to stay ahead of emerging threats.”
Cybersixgill covertly extracts data in real time from a wide range of sources, including deep and dark web forums and markets, invite-only messaging groups, code repositories, paste sites, and clear web platforms. Its new Cybersixgill IQ uses generative AI to translate the company’s comprehensive collection of real-time CTI data into easy-to-understand insights, analysis, reporting and 24/7 assistance.
“We’ve long admired Bitsight’s vision and leadership in helping organizations manage cyber exposure and understand risks in their supply chain”, reinforces Sharon Wagner, CEO of Cybersixgill. “By joining forces with Bitsight, we’ll be able to enhance and expand the reach of our threat intelligence solutions and give our customers access to an even more comprehensive set of cyber risk analytics, including Bitsight’s rich vendor risk insights. With increased investment and innovation, we will continue pushing the boundaries of what’s possible in the evolving world of cyber defense.”
About Bright Pixel Capital
Bright Pixel Capital, formerly known as Sonae IM, is the technology investment arm of the multinational group Sonae. With special focus on cybersecurity, infrastructure software, retail technologies, business applications and emerging tech, it has a portfolio of more than 50 companies, from early to growth stages. Bright Pixel Capital acts as a partner that brings specialized know-how, global footprint, and a wealth of experience in helping companies from early stage to IPO.
About Cybersixgill
Cybersixgill continuously collects and exposes the earliest indications of risk by threat actors moments after they surface on the clear, deep, and dark web. The company’s vast intelligence data lake, derived from millions of underground sources, is processed, correlated, and enriched using automation and advanced AI. Cybersixgill captures, processes, and alerts teams to emerging threats, TTPs, IOCs, and their exposure to risk based on each organization’s complete attack surface and internal context. Its expert intelligence and insights, available through a range of seamlessly integrated options, enable customers to pre-empt threats before they materialize into attacks. The company serves and partners with global enterprises, financial institutions, MSSPs, and government and law enforcement agencies. For more information, visit https://www.cybersixgill.com/
About Bitsight
Bitsight is a global cyber risk management leader transforming how organizations manage exposure, performance, and risk for themselves and their third parties. Companies rely on Bitsight to prioritize their cybersecurity investments, build greater trust within their ecosystem, and reduce their chances of financial loss. Built on over a decade of market-leading innovation, Bitsight’s integrated solutions deliver value across enterprise security performance, digital supply chains, cyber insurance and data analysis. For more information, visit bitsight.com or connect with us on LinkedIn.
