R
Red Balloon
Providing embedded device manufacturers with strong host-based firmware security
About Red Balloon
Red Balloon Security specializes in securing embedded devices across critical industries through advanced technologies and research. The company has developed foundational technologies such as Symbiote and OFRAK, which protect millions of embedded systems globally. Red Balloon Security serves a diverse client base, including government agencies like DARPA, the Department of Homeland Security, the Air Force, and the Navy. The business operates in the embedded security market, focusing on research, development, and commercialization of new security capabilities. Revenue is generated through government contracts, commercial sales, and research funding. The company has raised $23.5 million in total financing, with a Series A round led by Bain Capital Ventures and additional funding from Greycroft, American Family Ventures, and Abstract Ventures.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2011
- Headquarters
- New York City, United States
- Employees
- 32
- Open positions
- None listed
- Dealroom signal
- 84.1/100
- Industry
- Security, Enterprise Software
- Sub-industry
- Public safety, Cloud & Infrastructure
- Sector
- Security, Spinout, Cybersecurity, NIF defense security and resilience, NIF Security of Critical Technologies, DT and LS
- Technology
- Hardware, Deep Tech
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Jan 2022 | $4M | — | Small Business Innovation Research | — |
| GRANT✓Other financing | Jan 2021 | $750K | — | Small Business Innovation Research | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Red Balloon is 2.4K monthly website visits, down 22.6% over the last three months. Red Balloon's team grew 28% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Small Business Innovation Research
Microsoft for Startups
Pritzker Group Venture Capital
US Department of Homeland Security
Series A4 investors entered at this stage
Bain Capital Ventures
Greycroft Partners
American Family Ventures
Abstract Ventures
Other known investors2 additional known investors
Columbia University
In-Q-Tel
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Red Balloon on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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