Cyberbit

Year of Investment:

2020

Strategy

Tech Opportunities

Industry

Technology

Headquarters

Ra’anana, Israel

Status

Active

Website

https://www.cyberbit.com

Business

Cyberbit is a leading global provider of cyber range training and simulation platforms for cybersecurity professionals. Cyberbit’s software creates the environment of a virtual security operations center (called a cyber range) that cybersecurity professionals use to train against hyper-realistic simulated attacks, thereby improving their capabilities to respond to real-world situations. Cyberbit was founded as the cybersecurity division of Elbit Systems, an international high-technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. Originally developed exclusively for the Israeli Defense Force, in recent years the cyber range product was commercialized and sold more broadly. Today, Cyberbit’s software is used by leading enterprises, government agencies, educational institutions and managed service providers across the globe for mission-critical cybersecurity training and simulation.

Charlesbank Investment

Charlesbank’s Technology Opportunities Fund invested $70 million in Cyberbit in May 2020. Charlesbank now holds a controlling ownership position in the company, while Elbit Systems will retain minority ownership.

CEO

Caleb Barlow

Key Team Members
Related News
November 20, 2023

Cyberbit Announces Cyber Range Pioneer, Caleb Barlow, as Chief Executive Officer

An innovator in the realm of cyber security skill development who spearheaded the development of the IBM X-Force Command Cyber… Read More

May 19, 2020

Charlesbank Invests $70M in Cyberbit to Accelerate Growth and Address Demand for Cyber Range Platform

May 19, 2020 — Cyberbit Ltd., a leading global provider of cyber range training and simulation platforms, today announced that… Read More

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