Full-Time
AI-powered platform for cybersecurity risk management
No salary listed
Noida, Uttar Pradesh, India + 1 more
More locations: Bengaluru, Karnataka, India
Hybrid
Balbix provides a cybersecurity platform that uses artificial intelligence to help businesses manage and reduce their risk of data breaches. The Balbix Security Cloud works by consolidating data from various IT tools to create a real-time view of vulnerabilities, which it then translates into monetary terms to help teams prioritize their work. Unlike many competitors that provide static lists of technical issues, Balbix automates the risk assessment process and quantifies security threats in dollars and cents. The company's goal is to provide organizations with a clear, automated way to identify and resolve their most critical security weaknesses before they can be exploited.
Company Size
51-200
Company Stage
Series C
Total Funding
$116.8M
Headquarters
San Jose, California
Founded
2015
Help us improve and share your feedback! Did you find this helpful?
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
SAFE acquires Balbix to unify AI-native exposure management and cyber risk quantification. Artificial intelligence-based cyber risk management company SAFE Securities Inc. today announced that it has acquired cybersecurity posture firm Balbix Inc. for an undisclosed sum. Founded in 2015, Balbix specializes in artificial intelligence-native cyber risk and exposure management that helps enterprises gain continuous visibility into their attack surface, including cloud, on-premises and third-party assets. Balbix's automated exposure-management platform discovers assets, inventories systems, detects vulnerabilities and misconfigurations and assesses threat and control efficacy in real time. The platform categorizes its findings based on risk-based prioritization that doesn't treat every finding equally but instead links technical security issues to business context, identifying which assets are most critical, which exposures are most likely to be exploited and which remedial actions will yield the highest impact. Cyber risks are quantified, with the platform translating exposure and vulnerability data into business-impact metrics such as potential financial losses or operational disruption. That allows security leaders to articulate the seriousness of a given issue with executives, allocate resources based on quantified risk, and shift focus from compliance tick-boxes to strategic risk reduction. Balbix also supports remediation and continuous risk-management workflows, with integration into ticketing and workflow systems to alert teams when a risk has increased or hasn't been addressed. The platform helps track reduction of exposure over time, making the security posture dynamic rather than static. Post-acquisition, SAFE intends to unify Balbix's AI-native exposure management with its existing cyber risk quantification model to allow enterprises to measure, manage and prioritize cyber risk continuously based on business risks. The integration will also trace every vulnerability or misconfiguration to its quantified business impact. And it will unify security operations and risk management under a shared, real-time view of operational exposure and strategic risk. SAFE claims that the integration between the two companies will signal a new era where chief information security officers will be transformed into enterprise risk leaders, armed with real-time visibility of their entire risk landscape. "Balbix has always helped customers understand what's exploitable," said founder and Chief Executive Gaurav Banga, who is joining SAFE as president of continuous threat exposure management. "With SAFE, we take that capability to an entirely new level. Together, we can tie every exposure to business impact and drive immediate, decisive action. This isn't incremental - we're delivering the unified cyber risk platform the industry has been waiting for." Coming into the acquisition, Balbix had raised $100 million in venture capital funding over three rounds, according to data from Tracxn. Investors in the company included Redline Capital Management, Third Point Ventures, Nautilus Venture Partners, Moderne Ventures, JC2 Ventures, Mayfield Fund Management, Alter Venture Partners and Singtel Innov8 Pte. Ltd. Photo: Balbix. A message from John Furrier, co-founder of SiliconANGLE: Support its mission to keep content open and free by engaging with theCUBE community. Join theCUBE's Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities. * 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more * 11.4k+ theCUBE alumni - Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network. SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios - with flagship locations in Silicon Valley and the New York Stock Exchange - SiliconANGLE Media operates at the intersection of media, technology and AI. Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Its new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.
SAFE Securities Inc. has acquired Balbix Inc., a company specializing in AI-native cyber risk and exposure management, for an undisclosed sum. Balbix's platform offers continuous visibility into attack surfaces, including cloud, on-premises, and third-party assets, by discovering assets, detecting vulnerabilities, and assessing threat efficacy in real time. The platform prioritizes findings based on risk, linking security issues to business context for effective remediation.
Last week, Balbix was recognized in the Forrester Cyber Risk Quantification (CRQ) Solutions Landscape, Q4 2024.
Balbix launches three new generative AI products in AWS Marketplace.
Balbix has long been recognized as a leader in exposure assessment, including being highlighted by Gartner as a representative vendor in the Exposure Assessment Platforms (EAP) category.