BitGlass Raises $25M to Advance Enterprise Cloud Security Solutions
Mobile and cloud security leader BitGlass has secured $25 million in Series B funding, bringing its total raised capital to $35 million. The round was co-led by returning investors Norwest Venture Partners and New Enterprise Associates (NEA), alongside participation from SingTel Innov8 (the venture arm of Asia’s telecom giant SingTel Group) and an undisclosed global bank.
Funding to Fuel Growth and Innovation
The fresh capital will accelerate BitGlass’ expansion in:
- Sales and marketing to broaden market reach
- Technology development for its Total Data Protection platform
- Global expansion, particularly in Asia-Pacific via SingTel’s network
Addressing Critical Enterprise Security Gaps
Founded by Nat Kausik (ex-HP principal scientist) and CTO Anurag Kahol (former Juniper Networks engineering director), BitGlass tackles the pressing challenge of securing corporate data on mobile devices and cloud apps like Salesforce, Microsoft 365, and Box.
Key differentiators:
- Contextual access control for cloud services
- Private infrastructure integration without requiring dedicated SaaS instances
- Real-time security for data in transit and at rest
Why This Matters
A 2024 BitGlass Cloud Adoption Report revealed that security remains the top barrier to enterprise cloud and mobile adoption. Traditional SaaS models often lack granular data controls due to shared infrastructure constraints. BitGlass’ solution enables businesses to:
- Maintain compliance without sacrificing productivity
- Securely adopt cloud applications
- Prevent unauthorized data exposure
Investor Confidence
“Data security takes center stage in this era of cloud and mobile,” said Jeff Karras, Managing Director of SingTel Innov8. “BitGlass is a leader in the US, and we look forward to helping them gain global momentum.”
This funding round underscores growing enterprise demand for next-generation security solutions that bridge the gap between mobility and cloud adoption.
