Carbon Black (company)

Carbon Black
Formerly called
 Bit9
Private company
Industry Endpoint security
Founded 2002
Headquarters Waltham, Massachusetts, United States
Key people
 Patrick Morley, CEO
Products Security software
Number of employees
 500+ (2016)
Website carbonblack.com

Carbon Black, Inc. (formerly Bit9, Inc) is a security company based in Waltham, Massachusetts.

Carbon Black develops endpoint security software that detects malicious behavior and prevents malicious files from attacking an organization.[1] The company is a leader in the antivirus, endpoint detection and response and endpoint protection platform space.

Carbon Black competitors in the endpoint security domain include Cylance, McAfee, Tanium, and Symantec. To-date the firm has raised $190M from investors including Kleiner Perkins, Highland Capital, Sequoia, Accomplice, and Blackstone.[2][3]

According to Bloomberg, the company is currently preparing for an IPO and has hired JPMorgan and Morgan Stanley to lead the offering. An IPO is expected as early as 2016.[4] In September 2016, The Wall Street Journal reported the company filed their S-1 privately by using the Jumpstart Our Business Startups Act which allows companies with less than $1 billion in revenues to file in a confidential manner with limited public disclosure.[5]

History

Carbon Black was founded as Bit9, Inc in 2002 by Todd Brennan,[6] Allen Hillery [7] and John Hanratty.[8]

Carbon Black’s first CEO was George Kassabgi.[9]

Patrick Morley, former Corel chief operating officer, is Carbon Black’s CEO. He took over the position in 2007.[10]

In 2013, the company's network was broken into by malicious actors who copied a certificate and used it to sign malware.[11]

In 2015, the firm announced it would partner with SecureWorks, Ernst & Young, Kroll, Trustwave, and Rapid7 to provide managed security and incident response services.[12][13]

In 2016, the company announced that it was changing its name from Bit9, Inc to Carbon Black, Inc. This change became official on February 1, 2016[14]

Products

Cb Protection (Formerly Bit9): A comprehensive endpoint protection platform, Cb Protection offers application control, device control and advanced threat detection for desktops and servers. It is widely deployed on critical systems, such as servers and point of sale devices, for advanced threat prevention.

Cb Response (Formerly Carbon Black): A real-time endpoint detection & response solution used for advanced threat detection and incident response. According to the SANS Institute, Cb Response is currently used or being evaluated by 68% of incident responders.[15]

Cb Defense (Formerly Confer): A cloud-based next-generation antivirus solution leveraging behavioral based prevention. In addition to prevention, Cb Defense also provides endpoint detection and response capabilities.

Cb Collective Defense Cloud (Formerly Threat Intelligence Cloud): A cloud-based threat intelligence and file analysis service, hosted by Carbon Black, that provides software and domain reputation, advanced threat indicators, attack classification services, and file detonation and static analysis services leveraging behavioral analysis and machine learning. Consisting of billions of attributes, Cb Collective Defense Cloud is reported to be the world's largest database of hash and file reputation scores.[16]

Acquisitions

Carbon Black: In February 2014, Bit9 announced it had merged with start-up security firm Carbon Black.[17] At the time of the merger, the company also raised $38.25 million is Series E funding, bringing Bit9’s total venture capital raised to approximately $120 million.[18]

Objective Logistics: In May 2015, Fortune announced that Bit9 acqui-hired a dozen member cloud engineering team from Boston-based, Objective Logistics.[19]

VisiTrend: In August 2015, Bit9 announced that it had acquired data analytics firm, Visitrend, and will open a technology development center in downtown Boston.

Confer: In July 2016, Carbon Black announced it had acquired next-generation antivirus provider Confer for an undisclosed sum. Confer had raised $25M in venture funding and had more than 50 employees at the time of the acquisition. According to the Wall Street Journal the deal was valued at $100M.[20]

Awards

References

  1. ↑ "Advanced prevention: Nothing new, just better". Network World, June 6, 2014.
  2. ↑ "Carbon Black | CrunchBase". www.crunchbase.com. Retrieved 2016-02-02.
  3. ↑ "Bit9 + Carbon Black Raises $54.5M - Carbon Black". Carbon Black. Retrieved 2016-02-02.
  4. ↑ alistairmbarr, Alex Barinka alexbarinka Alistair Barr. "Blackstone-Backed Carbon Black Said to Hire Banks for IPO". Bloomberg.com. Retrieved 2016-07-21.
  5. ↑ Chernova, Yuliya (2016-09-30). "Cybersecurity Provider Carbon Black Makes Confidential IPO Filing". The Wall Street Journal. Retrieved 2016-10-03.
  6. ↑ "Dropbox's tale speaks to a Bay State weakness". Boston Globe, August 5, 2012.
  7. ↑ "Company Overview of Bit9, Inc.". Bloomberg Businessweek, August 13, 2014.
  8. ↑ "Company Overview of ReversingLabs Corporation". Bloomberg Businessweek, August 13, 2014.
  9. ↑ "George Kassabgi". Veracode, 2014.
  10. ↑ "Bit9 Names New CEO". Dark Reading, December 3, 2007.
  11. ↑ "Elite Chinese Cyberspy Group Behind Bit9 Hack". Dark Reading, September 18, 2013.
  12. ↑ "Bit9 + Carbon Black Announces the Addition of EY's Managed SOC to the "Bit9 + Carbon Black Connect" Alliance Partner Program - Bit9 + Carbon Black". Retrieved 2015-09-28.
  13. ↑ Bit9. "Cutting-Edge MSSPs Supercharge their Services with Bit9 + Carbon Black, the Market Leader in Next-Gen Endpoint Security". Retrieved 2015-09-28.
  14. ↑ "Bit9 + Carbon Black is Now Carbon Black - Carbon Black". Carbon Black. Retrieved 2016-02-02.
  15. ↑ "Carbon Black is the Number-One Endpoint Detection and Response Solution According to SANS Survey". Retrieved 2015-09-28.
  16. ↑ ScriptRock. "Bit9 + Carbon Black vs. Symantec Endpoint Protection: How Do They Compare?". Retrieved 2015-09-28.
  17. ↑ "What does the Bit9 and Carbon Black merger mean for businesses?". Tech Radar, March 12, 2014.
  18. ↑ "Bit9 raises $38M, merges with Carbon Black in cybersecurity consolidation". Boston Business Journal, February 13, 2014.
  19. ↑ "Exclusive: Bit9 acqui-hires Objective Logistics". Retrieved 2015-06-23.
  20. ↑ Zakrzewski, Cat (2016-07-19). "Carbon Black to Acquire Confer in $100 M Deal". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-07-21.
  21. ↑ "Bit9 Named Best Anti-Malware Solution in GSN Homeland Security Awards | Business Wire". www.businesswire.com. Retrieved 2015-06-23.
  22. ↑ "2014 SC Awards U.S. Finalists". Retrieved 2015-06-23.
  23. ↑ "Bit9 + Carbon Black Named Best Endpoint Protection by Security Professionals in SANS Institute Awards". Bit9. Retrieved 2015-06-23.
  24. ↑ "Forrester Wave - Endpoint Security Suites Q4 2016". www.forrester.com. Forrester Research. 17 October 2016. Retrieved 27 October 2016.
  25. ↑ "Forbes Cloud 100". Forbes. Retrieved 22 November 2016.

External links

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