Red Balloon Security
Latest round
- Series A
Last raised
- Apr 2018
Total raised
- $22M
Investors
- 4
About Red Balloon Security
Red Balloon Security, Inc.Founded in 2011 and headquartered in New York, US, Red Balloon Security specializes in cybersecurity for critical embedded systems. The company has not undergone any significant pivots or changes in its business strategy. CEO Ang Cui, who has a background in cybersecurity, has been instrumental in leading the company since its inception.Red Balloon Security provides tailored security solutions for Unmanned Aircraft Systems (UAS) and other embedded devices, focusing on firmware hardening and runtime protection against cyber threats. They serve various sectors, including manufacturing and government, working with clients that utilize Siemens SIMATIC and SIPLUS S7-1500 series devices, as well as Cisco systems, where they have successfully addressed vulnerabilities in these technologies.The revenue model of Red Balloon Security revolves around B2B partnerships, providing customized security solutions across critical industries. They engage clients through direct contracts that typically include setup fees and ongoing subscription models for services and updates. The company is currently designing new security products tailored for the evolving needs of UAS and embedded device markets, with plans to launch these innovations by late 2024. Additionally, they aim to penetrate further into the European and Asian markets, targeting established industries requiring stringent cybersecurity measures, with expansion efforts underway by mid-2025.
Who invested in Red Balloon Security
4 investors across 1 round
See all investors in Red Balloon Security
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series A
Apr 3, 2018
Amount
$22M
Investors
Questions about Red Balloon Security
Who invested in Red Balloon Security?
Red Balloon Security has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Red Balloon Security raised?
Red Balloon Security has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Red Balloon Security last raise money?
Red Balloon Security's most recent round on record is a Series A, in Apr 2018.
What does Red Balloon Security do?
Red Balloon Security is a it security/cybersecurity company.
Where is Red Balloon Security headquartered?
Red Balloon Security is headquartered in New York, US.
Which VCs invest in companies like Red Balloon Security?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at Red Balloon Security's stage. Their profiles are linked below.
VCs backing it security/cybersecurity startups at Series A
Raising like Red Balloon Security? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.