Balbix
Latest round
- Series C
Last raised
- Mar 2022
Total raised
- $87M
Investors
- 10
About Balbix
Balbix, Inc.Founded in 2015 in San Jose, US, Balbix, Inc. focuses on cyber risk management and has undergone strategic developments to enhance its offerings. The company was founded by Gaurav Banga, who has a history of leading technology initiatives., a portfolio company of Prosperity7, SIG Venture Capital, Avataar Venture Partners, NextEquity Partners, Titanium Ventures, Eight Roads Ventures, Sorenson Capital, BT Group plc, and MS&AD Ventures, acquired Balbix, Inc. from Mayfield Fund, Mubadala Capital, Singtel Innov8, Alter Venture Partners, Franklin Park, JC2 Ventures, MVP Ventures, Nautilus Venture Partners, Redline Capital Management, and Third Point. Financial terms were not disclosed. Balbix specializes in AI-powered cyber risk and exposure management, providing a suite of solutions that improve cybersecurity postures for various sectors such as finance, healthcare, and telecommunications. Its flagship product, the BIX platform, leverages artificial intelligence to deliver insights on an organization’s attack surface, allowing for effective risk mitigation. Key features include risk quantification, exposure management, and risk-based vulnerability management, which aid security teams in prioritizing risks effectively.Balbix generates revenue primarily through subscription-based agreements, allowing clients to utilize the BIX platform for ongoing cyber risk management. These agreements typically span annual or multi-year contracts, enabling organizations to benefit from continuous monitoring and risk assessment.00 mn, the company plans to utilize this capital to enhance its go-to-market capabilities and continue investing in engineering. Balbix aims to develop new products tailored to emerging market needs and intends to expand into additional geographic regions. Specific markets targeted for growth include North America and Asia, with initiatives expected to unfold in the coming year.
Who invested in Balbix
10 investors across 3 rounds
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Questions about Balbix
Who invested in Balbix?
Balbix has 10 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Balbix raised?
Balbix has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Balbix last raise money?
Balbix's most recent round on record is a Series C, in Mar 2022.
What does Balbix do?
Balbix is a software company.
Where is Balbix headquartered?
Balbix is headquartered in San Jose, US.
Which VCs invest in companies like Balbix?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Balbix's stage. Their profiles are linked below.
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