COMPANY PROFILE

Balbix

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Predictive breach-risk platform

San Jose, United StatesFounded 2015Security

Valuation $250–500M Last recorded · 2022

Revenue $10–50M Latest reported FY

Headcount <100 Current team size

Total funding $50–100M Disclosed equity funding

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About Balbix

Balbix is a cybersecurity startup that leverages artificial intelligence (AI) to help businesses manage and reduce their risk of data breaches. The company's primary product, the Balbix Security Cloud, is an automation platform that consolidates data from various security and IT tools to provide a comprehensive view of a company's cybersecurity risk, expressed in monetary terms. This allows businesses to identify, prioritize, and address vulnerabilities more efficiently and effectively.

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Balbix's clients range from small teams to large organizations, including Fortune 500 companies. The company operates in the cybersecurity market, a rapidly growing sector due to increasing digitalization and the rising threat of cyber attacks.

Balbix's business model revolves around providing its cybersecurity platform as a service. Clients pay a subscription fee to access the Balbix Security Cloud, which helps them automate their cybersecurity processes and reduce their risk of data breaches. The platform also provides real-time visibility into a company's security posture, enabling clients to prioritize and resolve security issues more quickly.

In addition to the subscription fees, Balbix also generates revenue through professional services, such as implementation support and training, to help clients maximize the value they get from the platform.

Source: Dealroom company data