Balbix

Balbix is a Cyber Security startup that offers an AI-powered Cyber Risk Management platform. The company, founded in 2015 in the United States, has gained recognition for its ability to help organizations identify and mitigate their riskiest cybersecurity issues at a faster pace. The Balbix Security Cloud™ platform stands out for its capacity to ingest data from an organization’s security and IT tools, enabling it to comprehend every aspect of cybersecurity posture and create a unified cyber risk model. This, in turn, provides actionable insights for risk reduction. Moreover, Balbix allows enterprises to automate the inventory of their cloud and on-premises assets, conduct continuous risk-based vulnerability management, and quantify cyber risk in dollars. Notably, the company has secured a significant $70.00M Series C investment on 01 March 2022. The investors in this round include Singtel Innov8, Mayfield, Nautilus Venture Partners, Third Point Ventures, Alter Venture Partners, Modern Venture Partners, Redline Capital, JC2 Ventures, Franklin Park, Mubadala Capital Ventures. Balbix has been gaining traction and has been recognized as one of the top startups for the enterprise by CNBC in 2022, as well as ranking at #32 on the 2021 Deloitte Fast 500 North America list. This steadfast growth and recognition have solidified Balbix's position as the trusted "brain" of infosec programs for a growing number of Fortune 500 companies, enabling them to embrace maximally automated workflows and reduced cyber risk.