Bitsight Acquires Cybersixgill for $115 Million

Bitsight Technologies has announced its acquisition of Cybersixgill for $115 million, aiming to enhance its cyber risk management capabilities. The integration of Cybersixgill's cyber threat intelligence (CTI) will provide Bitsight's customers with improved visibility into their external attack surfaces and supply chain threats. Cybersixgill specializes in extracting real-time data from various sources, including dark web forums, allowing for proactive threat identification and risk mitigation. Both companies emphasize the importance of AI in their operations, with Bitsight committed to further investing in Cybersixgill's technology and team. This acquisition marks a significant step in the ongoing consolidation trend within the cybersecurity sector. Cybersixgill, which previously raised $35 million in Series B funding, will see its employees transition to Bitsight as part of this deal.