Bionic

01 / WHAT IT BUILT

What the company did

Bionic was an application security posture management (ASPM) startup founded in May 2019 by Idan Ninyo and Eyal Mamo, with Israeli roots and headquarters in Palo Alto. It built a 'Google Maps for your apps': a platform giving security teams a bird's-eye view of a company's applications and APIs - mapping architectures and dependencies, and automating the detection, contextualisation and prioritisation of application-security risks without interfering with development. Its customers included Chipotle, Freddie Mac, Transamerica, Aston Martin and HPE. It raised $82 million over three rounds (Seed 2019, Series A $17M in 2020, Series B $65M in March 2022) from Insight Partners and Battery Ventures. In September 2023 CrowdStrike acquired Bionic for a reported $350 million to marry ASPM with its cloud-native application protection platform (CNAPP); the founders and team joined CrowdStrike to lead a cloud-security business unit.

03 / EVENT HISTORY

Events in the structured record

1. 2019
   Founded

   Idan Ninyo and Eyal Mamo founded Bionic in May 2019, building an application security posture management platform.

2. 2022
   Series B

   Bionic raised a $65M Series B led by Insight Partners and Battery Ventures (total $82M), serving customers like Chipotle, Freddie Mac and Transamerica.

3. 2023
   Acquired by CrowdStrike

   In September 2023 CrowdStrike acquired Bionic for a reported $350M to integrate ASPM with its Falcon cloud-security platform; the founders joined to lead a cloud-security unit.