Company:Carbon Black
 | |
| Formerly | Bit9 Bit9 + Carbon Black |
|---|---|
| Type | Subsidiary |
| Industry | Endpoint security |
| Founded | 2002 (as Bit9) |
| Founders | Todd Brennan Allen Hillery John Hanratty |
| Headquarters | Waltham, Massachusetts , |
Key people | Patrick Morley, CEO |
| Products | Security software |
Number of employees | 1000+ (2019) |
| Parent | VMware |
| Website | carbonblack |
Carbon Black (formerly Bit9 and Bit9 + Carbon Black) is a cybersecurity company based in Waltham, Massachusetts.[1] The company develops cloud-native endpoint security software that is designed to detect malicious behavior and to help prevent malicious files from attacking an organization.[2] The company leverages technology known as the Predictive Security Cloud (PSC), a big data and analytics cloud platform that analyzes customers’ unfiltered data for threats.[3]
The company has approximately 100 partners.[4] It has over 5,600 customers including approximately one-third of the Fortune 100.[5]
In October 2019, the company was acquired by VMware.[6][7][8]
History
Carbon Black was founded as Bit9 in 2002 by Todd Brennan, Allen Hillery, and John Hanratty.[9][10] The company's first CEO was George Kassabgi.[11] The current CEO, Patrick Morley, was formerly the chief operating officer of Corel. He took over the position in 2007.[12]
In 2013, the company's network was broken into by malicious actors who copied a private signing key for a certificate and used it to sign malware.[13]
In February 2014, Bit9 acquired start-up security firm Carbon Black.[14][15] At the time of the acquisition, the company also raised $38.25 million in Series E funding, bringing Bit9’s total venture capital raised to approximately $120 million.[16] The company acquired Objective Logistics in June 2015.[17] In August 2015, the company announced that it had acquired data analytics firm Visitrend and would open a technology development center in downtown Boston.[18] A month later, the company announced it would partner with SecureWorks, Ernst & Young, Kroll, Trustwave, and Rapid7 to provide managed security and incident response services.[19][20]
The company changed its name to Carbon Black on February 1, 2016, after being known as "Bit9 + Carbon Black" for approximately two years.[21]
In July 2016, Carbon Black announced it had acquired next-generation antivirus software provider Confer for an undisclosed sum. Prior to the deal, Confer had raised $25 million in venture funding and had more than 50 employees. According to The Wall Street Journal , the deal was valued at $100 million.[22]
On May 4, 2018, the company joined public markets, listing as "CBLK" on the Nasdaq exchange. As part of its initial public offering (IPO), Carbon Black raised approximately $152 million at a valuation of $1.25 billion.[23] Prior to its IPO, the firm had raised $190M from investors including Kleiner Perkins, Highland Capital, Sequoia, Accomplice, and Blackstone.[24][25]
In October 2019, the company was acquired by VMware.[6][7][8]
References
- ↑ "Carbon Black, Inc.: Private Company Information - Bloomberg". https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=22562259.
- ↑ "Advanced prevention: Nothing new, just better". Network World, June 6, 2014. http://www.networkworld.com/article/2360729/cisco-subnet/advanced-prevention-nothing-new-just-better.html.
- ↑ "Carbon Black stocks close 26 percent up on first day of public trading". Cyberscoop. May 4, 2018. https://www.cyberscoop.com/carbon-black-ipo-first-day/.
- ↑ "SEC S-1 Filing". SEC, 2018. https://www.sec.gov/Archives/edgar/data/1366527/000104746918002643/a2235165zs-1.htm.
- ↑ https://www.carbonblack.com/company/news/press-releases/carbon-black-announces-second-quarter-2019-financial-results/
- ↑ 6.0 6.1 "VMware Completes Acquisition of Carbon Black" (Press release). GlobeNewswire. October 8, 2019.
- ↑ 7.0 7.1 "VMware acquires Carbon Black for $2.1B and Pivotal for $2.7 billion". August 22, 2019. http://social.techcrunch.com/2019/08/22/vmware-acquires-carbon-black-for-2-1b-and-pivotal-for-2-7-billion/.
- ↑ 8.0 8.1 Lardinois, Frederic (August 23, 2019). "VMware acquires Carbon Black for $2.1B and Pivotal for $2.7 billion". https://techcrunch.com/2019/08/22/vmware-acquires-carbon-black-for-2-1b-and-pivotal-for-2-7-billion/.
- ↑ "Dropbox's tale speaks to a Bay State weakness". The Boston Globe. August 5, 2012. https://www.bostonglobe.com/business/2012/08/04/dropbox-how-another-rocket-like-tech-company-got-away-from-boston/bZfzGajKNw3doamqZiJ2OK/story.html.
- ↑ "John Hanratty". Bloomberg L.P.. https://www.bloomberg.com/profile/person/19030441.
- ↑ "George Kassabgi". Veracode, 2014. http://www.veracode.com/leadership/advisors/George-Kassabgi.
- ↑ "Bit9 Names New CEO". Dark Reading, December 3, 2007. http://www.darkreading.com/vulnerabilities-and-threats/bit9-names-new-ceo/d/d-id/1062040?.
- ↑ "Elite Chinese Cyberspy Group Behind Bit9 Hack". Dark Reading, September 18, 2013. http://www.darkreading.com/attacks-breaches/elite-chinese-cyberspy-group-behind-bit9-hack/d/d-id/1140495?.
- ↑ "What does the Bit9 and Carbon Black merger mean for businesses?". Tech Radar, March 12, 2014. http://www.techradar.com/us/news/world-of-tech/management/what-does-the-bit9-and-carbon-black-merger-mean-for-businesses--1233194.
- ↑ "Carbon Black S-1/A Filing, pg. 11". May 2, 2018. https://www.sec.gov/Archives/edgar/data/1366527/000104746918003408/a2235562zs-1a.htm.
- ↑ "Bit9 raises $38M, merges with Carbon Black in cybersecurity consolidation". Boston Business Journal, February 13, 2014. http://www.bizjournals.com/boston/blog/techflash/2014/02/bit9-raises-38m-merges-with-carbon.html.
- ↑ "Exclusive: Bit9 acqui-hires Objective Logistics". http://fortune.com/2015/06/15/exclusive-bit9-acquires-objective-logistics/. Retrieved 2015-06-23.
- ↑ "Bit9 + Carbon Black Continues Investment in Innovation by Acquiring Security Data Analytics Firm and Establishing Development Center in Boston" (Press release). August 27, 2015. Retrieved August 24, 2019 – via carbonblack.com.
- ↑ "Bit9 + Carbon Black Announces the Addition of EY's Managed SOC to the "Bit9 + Carbon Black Connect" Alliance Partner Program - Bit9 + Carbon Black". https://www.bit9.com/company/news/press-releases/bit9-carbon-black-announces-the-addition-of-eys-managed-soc-to-the-bit9-carbon-black-connect-alliance-partner-program/. Retrieved 2015-09-28.
- ↑ Bit9. "Cutting-Edge MSSPs Supercharge their Services with Bit9 + Carbon Black, the Market Leader in Next-Gen Endpoint Security". http://globenewswire.com/news-release/2015/09/02/765640/10148074/en/Cutting-Edge-MSSPs-Supercharge-their-Services-with-Bit9-Carbon-Black-the-Market-Leader-in-Next-Gen-Endpoint-Security.html. Retrieved 2015-09-28.
- ↑ "Bit9 + Carbon Black is Now Carbon Black - Carbon Black" (Press release). February 1, 2016. Retrieved February 2, 2016 – via carbonblack.com.
- ↑ Zakrzewski, Cat (2016-07-19). "Carbon Black to Acquire Confer in $100 M Deal". The Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/carbon-black-to-acquire-confer-in-100-m-deal-1468927501.
- ↑ "Carbon Black IPO Pops In Hot Cybersecurity Market". Investors Business Daily, May 4, 2018. https://www.investors.com/news/technology/carbon-black-ipo-cybertsecurity/.
- ↑ "Carbon Black | CrunchBase". https://www.crunchbase.com/organization/bit9.
- ↑ "Bit9 + Carbon Black Raises $54.5M - Carbon Black" (in en-US). https://www.carbonblack.com/company/news/press-releases/bit9-carbon-black-raises-54-5m/.
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