Tech Company Financing Transactions

Balbix Funding Round

On 3/24/2022, Balbix received $70 million in Series C funding from Redline Capital Management, Alter Venture Partners and Franklin Park Associates.

Transaction Overview

Company Name
Announced On
3/24/2022
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series C
Proceeds Purpose
The funds will be used to build out Balbix's go-to-market capabilities and continued engineering investments to address market needs across unified asset inventory, software bill of materials (SBOM), vulnerability management, cyber risk quantification and security posture automation.

Company Information

Company Status
Private & Independent
Industry
Security
Mailing Address
3031 Tisch Way 800
San Jose, CA 95128
USA
Email Address
Overview
Balbix is the world's leading cybersecurity posture automation company. The Balbix Security Cloud uses AI and automation to reinvent how the world's leading organizations reduce their cyber risk. With Balbix, security teams can accurately inventory their cloud and on-prem assets, conduct risk-based vulnerability management, and quantify their cyber risk in monetary terms.
Profile
Balbix LinkedIn Company Profile
Social Media
Balbix Company Twitter Account
Company News
Balbix News
Facebook
Balbix on Facebook
YouTube
Balbix on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gaurav Banga
  Gaurav Banga LinkedIn Profile  Gaurav Banga Twitter Account  Gaurav Banga News  Gaurav Banga on Facebook
Chief Technical Officer
Vinay Sridhara
  Vinay Sridhara LinkedIn Profile  Vinay Sridhara Twitter Account  Vinay Sridhara News  Vinay Sridhara on Facebook
VP - Engineering
John Weald
  John Weald LinkedIn Profile  John Weald Twitter Account  John Weald News  John Weald on Facebook
VP - Human Resources
Natalie Gann
  Natalie Gann LinkedIn Profile  Natalie Gann Twitter Account  Natalie Gann News  Natalie Gann on Facebook
VP - Marketing
Trevor Daughney
  Trevor Daughney LinkedIn Profile  Trevor Daughney Twitter Account  Trevor Daughney News  Trevor Daughney on Facebook
VP - Operations
Ramki Ramakrishnan
  Ramki Ramakrishnan LinkedIn Profile  Ramki Ramakrishnan Twitter Account  Ramki Ramakrishnan News  Ramki Ramakrishnan on Facebook
VP - Product Management
Chris Griffith
  Chris Griffith LinkedIn Profile  Chris Griffith Twitter Account  Chris Griffith News  Chris Griffith on Facebook
VP - Sales
Jeffrey True
  Jeffrey True LinkedIn Profile  Jeffrey True Twitter Account  Jeffrey True News  Jeffrey True on Facebook


 

 

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About Database of VC Transactions

We do our best to record funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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