What is Cyberbit?
Cyberbit operates at the intersection of cybersecurity technology and professional development, providing an advanced operational cyber readiness platform. By leveraging immersive training and high-fidelity cyber range simulations, the company enables security teams and corporate executives to refine their incident response protocols through hands-on exercises. This approach moves beyond theoretical knowledge, allowing organizations to test their defenses against simulated attacks in a controlled, realistic environment. As enterprises face an increasingly complex threat landscape, Cyberbit's platform acts as a vital tool for maintaining operational resilience and ensuring that security personnel are equipped to handle modern digital threats effectively.
How much funding has Cyberbit raised?
Cyberbit has raised a total of $100M across 2 funding rounds:
Private Equity
$30M
Corporate Investment
$70M
Private Equity (2018): $30M with participation from Claridge Israel
Corporate Investment (2020): $70M led by Charlesbank Capital Partners LLC
Key Investors in Cyberbit
Claridge Israel
Claridge Israel is a private equity firm that focuses on growth-oriented investments in technology and industrial companies, providing strategic support to scale operations.
Charlesbank Capital Partners LLC
Founded in 1998, Charlesbank Capital Partners is a middle-market private equity investment firm, which focuses on management-led buyouts and growth capital financing. Charlesbank is based in Boston, MA, with an additional location in New York, NY.
What's next for Cyberbit?
With this major enterprise-level funding, Cyberbit is well-positioned to scale its global footprint and accelerate the development of its simulation technology. The strategic focus will likely center on deepening the integration of its cyber range with existing security operations centers, thereby creating a more seamless feedback loop between training and active defense. As the company matures, the emphasis will shift toward capturing a larger share of the enterprise market, where the demand for proactive, simulation-driven security readiness is reaching an inflection point. Future growth will be driven by the continuous evolution of its threat library and the expansion of its training modules to address emerging vulnerabilities in cloud and hybrid infrastructure.
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