Cyberbit shuts its Israel operations and lays off all local staff

Cyberbit, a company that trains security teams to defend against network attacks, has closed its local operation in Israel and dismissed all of its employees there, Calcalist reported. The exact headcount before the cuts was not clear, but the center was estimated to employ several dozen people.

Cyberbit was originally spun out of Elbit to improve cyber teams' readiness for advanced cyberattacks. In 2020, the US investment fund Charlesbank Technology Opportunities Fund, managed by Charlesbank Capital Partners, invested about $70 million in the company. Of that amount, roughly $48 million went to buy shares from Elbit Systems and about $22 million was invested directly in Cyberbit.

In 2023, Elbit sold its remaining stake in the company. At that time, Cyberbit employed about 150 workers in Israel and elsewhere, including Europe, the United States and Asia. Today, the company says it has hundreds of employees worldwide, with a strong emphasis on the United States.

Since Elbit exited, Cyberbit has operated as a fully independent company and has positioned itself as a global leader in Cyber Range, advanced simulation and training environments for cyber defense teams, as well as operational readiness systems for control rooms. The company recently completed a major acquisition that expanded its workforce, and much of its growth in headcount, especially in the US and Europe, came after its September 2025 purchase of RangeForce, which merged the two companies' staff under one brand.