M&A Deal Summary

Tenable Network Security Acquires Bit Discovery

On April 26, 2022, Tenable Network Security acquired internet software and services company Bit Discovery for 45M USD

Acquisition Highlights
  • This is Tenable Network Security’s 1st transaction in the Internet Software and Services sector.
  • This is Tenable Network Security’s largest (disclosed) transaction.
  • This is Tenable Network Security’s 3rd transaction in the United States.
  • This is Tenable Network Security’s 3rd transaction in California.

M&A Deal Summary
Date 2022-04-26
Target Bit Discovery
Sector Internet Software and Services
Buyer(s) Tenable Network Security
Deal Type Add-on Acquisition
Deal Value 45M USD

Target

Bit Discovery

Santa Clara, California, United States
Bit Discovery is an external attack surface management provide customers with a differentiated 360-degree view of the modern attack surface both inside out and outside in to identify and eliminate areas of known and unknown security risk. Bit Discovery was founded in 2018 and is based in Santa Clara, California.

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Buyer(S) 1

Buyer

Tenable Network Security

Columbia, Maryland, United States
Category Company
Founded 2002
Sector Information Technology
DESCRIPTION
Entrance to Tenable's corporate headquarters in Columbia, Maryland.
Entrance to Tenable's corporate headquarters in Columbia, Maryland.

Tenable Network Security transforms security technology for the business needs of tomorrow through comprehensive solutions that provide continuous visibility and critical context, enabling decisive actions to protect your organization. Tenable eliminates blind spots, prioritizes threats, and reduces exposure and loss. Tenable was formed in 2002 and is based in Columbia, Maryland.

DEAL STATS #
Overall 5 of 6
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 5 of 6
State (California) 3 of 3
Country (United States) 3 of 4
Year (2022) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-01 Cymptom

Ramat Gan, Israel

Cymptom proactively measures the impact of cyber risk by mapping all attack paths before they happen. The company's platform maps critical risk to the MITRE ATT&CK framework by using agentless data collection technology to continuously visualize all viable attack paths (on-prem and cloud). This technology intentionally avoids installing agents or running simulations to provide organizations with simple deployment, immediate value and always-on, pre-emptive cyber resilience to support business initiatives. Once empowered with visibility to high probable attack vectors, organizations can adopt a factual, data-driven, adversarial-based approach to mitigate security gaps. Cymptom was formed in 2019 and is based in Ramat Gan, Israel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-07 Ermetic

Boston, Massachusetts, United States

Ermetic is a fully integrated cloud-native application protection platform (CNAPP) company, and a leading provider of cloud infrastructure entitlement management (CIEM). Ermetic was founded in 2019 and is based in Boston, Massachusetts.

Buy -
Mergr

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