Bit Discovery Raises $4 Million Series B as Attack Surface Management Gains Momentum

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Bit Discovery’s founding mission is to help enterprises understand the criticality of attack surface management. 

Bit Discovery, provider of a powerful attack surface management solution designed to help organizations identify and manage all of their Internet-connected assets, today announced it has secured an additional $4 million in Series B financing led by Mighty Capital and return investor Aligned Partners.

“Enterprises are increasingly viewing attack surface management as essential to vulnerability management, identifying areas of unknown risk, M&A processes, IoT device identification, and much more,” said Jeremiah Grossman, co-founder and CEO of Bit Discovery. “This capital infusion will help Bit Discovery continue delivering innovative solutions, take advantage of an accelerating market, and responding to the success of our recently announced partnership with WhiteHat Security. Fundamentally we don’t want to see any more companies breached simply because they don’t know what they own – especially not now when an answer exists.”

Bit Discovery’s founding mission is to help enterprises understand the criticality of attack surface management. History has shown that organizations who let this area lapse face massive data breaches, issues with hardware or software licensing, mismanaged M&A activity, and negative financial impact due to unconsolidated and poorly managed IT infrastructure.