CoCycles Ltd. (Bit)

bit.dev ; bit.cloud

High-Tech Company

TECH VERTICALS

Artificial Intelligence, Development Tools, DevOps, NLP, Open Source, PLG

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Initial Revenues
Established	2014
Number of Employees	170
Reg. Number:	abCDe

DESCRIPTION

CoCycles is the developer of Bit (bit.dev) – a platform that provides AI-powered development workspaces focused on composable software components. It enables teams to build, share, and collaborate on modular code with architectural clarity and minimal overhead, supporting scalable and efficient software development. Bit has also launched Hope AI - an artificial intelligence agent designed to enable rapid development and maintenance of integrated platforms.

TECHNOLOGY

Hope AI, an artificial intelligence agent designed to enable rapid development and maintenance of integrated platforms – comprising multiple applications – at industry-standard levels of quality. Hope AI functions as a "virtual software architect." It utilizes natural language instructions to design complete systems, integrate existing and new software components, and develop complex applications within hours, all at a significantly lower cost compared to traditional development processes.

	TARGET MARKETS
	Large Enterprises and Fortune 500 Companies in various sectors, including technology, finance, and telecommunications; Development Teams, Product and Engineering Teams, Companies Adopting Modern Software Architectures, Open-Source and SaaS Users.

	BUSINESS MODEL
	B2B

SERVICE PROVIDERS

Company Name	Type
abC Defghij	N/A

CONTACT INFO

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Main Address: Tel Mond, Israel

Address	39 Hatopaz St.
City	Tel Mond
Country	Israel
Zip	4060000

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Ran Mizrahi	CEO & Co-Founder
Mr. Yonatan Sason	AI & Software Composability, Co-Founder
Mr. Gideon Mantel	President	Disruptive (Executive In Residence)
Ms. Laly Bar-Ilan	Chief Scientist	Tectona (VP, Product)
Mr. Itay Mendelawy	VP, Product & Solutions	BlazeMeter (Product Manager)
Ms. Adi Halutz-Blau	VP, Finance
Mr. Jonathan Saring	Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	CEO, Co-Founder, CoCycles
abC Defghij	Board Member	COO, Co-Founder, CoCycles
abC Defghij	Board Member	Founding Partner, Disrupt-ive
abC Defghij	Board Member	Managing Director, Insight Partners
abC Defghij	Observer	Managing Director, Insight Partners

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Second Round

Nov. 16, 2021

Initial Revenues

abCDe

Including a small Secondary deal.

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Venture Lending Fund	abCDe
abC Defghij	Angel Club/ Group	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

First Round

Dec. 01, 2019

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Angel Club/ Group	abCDe
abC Defghij	Angel Club/ Group	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

Seed

Mar. 01, 2015

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Private Investor	abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Jun. 01, 2020

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Government Agency	abCDe

Last Updated:	abCDe
IVC Number:	abCDe