Balbix

Balbix

AI-driven cybersecurity risk management platform

About

Balbix helps businesses manage and reduce the risk of data breaches through its cybersecurity platform, the Balbix Security Cloud. This platform uses artificial intelligence to gather and analyze data from various security and IT tools, providing a clear view of a company's cybersecurity risk in monetary terms. This allows businesses to identify and prioritize vulnerabilities effectively. Balbix serves a wide range of clients, from small teams to large Fortune 500 companies, and operates on a subscription model, offering real-time visibility into security issues. Additionally, Balbix provides professional services like implementation support and training to enhance the user experience. The company's goal is to automate cybersecurity processes and help clients minimize their risk of cyber attacks.

Company Stage

Series C

Employees

51-200

Industries

Enterprise Software, Cybersecurity, AI & Machine Learning

Total Funding

$113.7M

Headquarters

San Jose, California

Founded

2015


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Simplify's Take

What believers are saying

  • Balbix's generative AI products are available in the AWS Marketplace.
  • Balbix's CRQ tools align with growing business interest in financial risk management.
  • Balbix automates CIS Benchmark compliance, aiding businesses with new SEC regulations.

What critics are saying

  • Generative AI evolution may outpace Balbix's current AI capabilities.
  • Shrinking cybersecurity budgets could reduce spending on Balbix's services.
  • Dependency on TRINEXIA may impact Balbix's market reach and customer service.

What makes Balbix unique

  • Balbix uses AI to quantify cyber risk in monetary terms.
  • The Balbix Security Cloud consolidates data from various security and IT tools.
  • Balbix's BIX AI assistant simplifies cyber risk management for Fortune 1000 companies.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

2%

2 year growth

3%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

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