Balbix
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Balbix was a cybersecurity company founded in 2015 by Gaurav Banga. Its AI-native exposure management platform gave enterprises continuous visibility into their attack surface - cloud, on-premises and third-party assets - by discovering assets, detecting vulnerabilities and misconfigurations, and prioritizing them by business risk rather than generic severity scores. Named a Visionary in the 2025 Gartner Magic Quadrant for Exposure Assessment Platforms, the company raised over $100 million in funding. In November 2025 it was acquired by SAFE (Safe Security) for an undisclosed sum to build a unified AI-native cyber risk and exposure management platform.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Gaurav Banga founded Balbix to build AI-native cyber risk and exposure management software that links technical security findings to business impact.
- Acquired by SAFE
On November 18, 2025 cyber risk quantification company SAFE (Safe Security) announced the acquisition of Balbix for an undisclosed amount, combining Balbix's exposure management platform with SAFE's cyber risk quantification models under a unified agentic-AI platform; Banga joined SAFE as President of CTEM.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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