Overview

In the three years since its founding, Balbix has needed to hit critical milestones to prove itself as a real player in the industry–both to the analyst community and to prospects alike. Between the end of year one and today, Balbix finished building out its development team with security and AI experts, launched its BreachControl product, secured major and innovative production customers (e.g. Nutanix, Cavium, Equinix), and was named a Gartner Cool Vendor for Security and Risk Management.

Balbix recently raised $20 million in its Series B round. Singtel Innov8, the corporate venture fund of Singtel led the round, joined by John Chambers, the former CEO and Executive Chairman of Cisco, Mubadala Ventures, the venture arm of Abu Dhabi’s $127 billion sovereign fund Mubadala Investment Company, our Series A investor Mayfield, as well as industry luminaries Pankaj Patel, Gary Gauba, and BV Jagadeesh.

– “Balbix allows us to get ahead of our threat environment by proactively identifying our most significant sources of IT risk and prioritizing them for mitigation… so we are able to focus our limited security resources for the most impact. As a result, our team has been able to increase Cavium’s security maturity level.” Ted John, VP of Infrastructure, Cavium

– “Balbix raised $20 million in Series B funding and has set itself on a path to establish itself as a disruptor in the cybersecurity risk management solutions space.” Gartner, ​Critical Capabilities for IT Risk Management Solutions​, August 2018.

– “Frost & Sullivan considers Balbix’s solution an impressive step in reinventing cybersecurity practices, a move towards increased resilience to cyber threats – as opposed to the outdated practice of mitigating a security breach after it occurs.” Frost & Sullivan, ​Technology Innovation Award, Vulnerability Management​, October 2018.