Cyberbit Shifts Global Headquarters to the United States

(BUSINESS WIRE) -- Cyberbit Inc., a leading provider of cybersecurity skill development platforms, is pleased to announce the relocation of its global headquarters to Newburyport, MA. Additionally, Cyberbit has launched Cyberbit Federal Inc., a new subsidiary dedicated to enhancing engagement with government agencies.

This milestone is strengthened by the appointment of key U.S. based executives and innovators in the cybersecurity field. In November 2023, Cyberbit announced the appointment of Caleb Barlow as CEO. Mr. Barlow, formerly the Vice President of Threat Intelligence at IBM Security and creator of the IBM Cyber Range, brings extensive experience and a proven track record of collaborating with US government agencies. Joining him in key leadership roles are several former colleagues, all part of the IBM team that established the world’s first commercial cyber range.

"While at IBM, we were successful in pioneering the cyber-range product concept. However, technology has significantly evolved over the past decade. Building a cyber range today goes beyond building an impressive room with big screens; it is fundamentally about creating engaging content and scenarios that mirror the diverse commercial products, cloud environments and attack paths that cyber professionals encounter every day,” said Mr. Barlow. “With our new headquarters, we believe we are well-positioned to deliver the most comprehensive cyber-range content to a fast-growing customer base across North America.”

“We are excited about Cyberbit’s new U.S. headquarters and the exceptional leadership team that Caleb has assembled,” said Darren Battistoni, Managing Director of Charlesbank Capital Partners and Chairman of the Board of Directors at Cyberbit. “As a company headquartered in the U.S., Cyberbit has tremendous potential to expand opportunities within the federal government and to capitalize on the growing demand for its products and services in the region.”

For more information about Cyberbit Inc. and its services, please visit http://www.cyberbit.com.

About Cyberbit Inc.:

Cyberbit is the company bridging the global cybersecurity workforce gap.

Just like excelling in a sport, elite cyber operators must face off against dynamic opponents and unforeseen scenarios to be field-ready. Similarly, Cyberbit revolutionizes cybersecurity skill development, replacing traditional courses, on-the-job learning and tabletop exercises with a hyper-realistic playing field that prepares cyber operators and executives for real-world incidents. The Cyberbit platform spins up massive cyber ranges and interactive cyber crisis simulations within minutes, mirroring the attacks, networks, and security tools that cyber professionals and executives experience day to day, including market leading SIEMs, firewalls, WAFs and EDRs.

By putting teams through hyper-realistic scenarios, cybersecurity leaders can rapidly assess and mitigate skill gaps, building top-performing teams.

Cyberbit delivers over 1 million hours of exercises annually to industry, government, and higher education institutions and is headquartered in Newburyport, Massachusetts.

About Charlesbank:

Based in Boston and New York, Charlesbank Capital Partners is a middle-market private investment firm with more than $17 billion of capital raised since inception. Charlesbank focuses on management-led buyouts, growth capital financings, opportunistic credit, and technology investments. The firm seeks to invest in companies with sustainable competitive advantage and excellent prospects for growth. For more information, please visit www.charlesbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240611634616/en/