Press Release —

Balbix Named Winner of 2018 Red Herring Top 100 Global Award

Cybersecurity Startup Dedicated to Breach Avoidance and Cyber-Resilience Recognized for Innovation and Market Impact

SAN JOSE, Calif., Oct. 31, 2018 — Balbix, Inc., provider of the security industry’s first system built for avoiding breaches, today announced it is a 2018 Red Herring Top 100 Global winner. This annual list recognizes the world’s most innovative and promising private technology companies.

Celebrated at a recent awards ceremony in Los Angeles, the honorees were chosen from among the winners of the regional Red Herring competitions in Europe, North America and Asia. Balbix was named to the Red Herring Top 100 North America list in June.

Companies were evaluated by industry experts, technology industry insiders and journalists on a wide variety of qualitative and quantitative criteria including financial performance, quality of management, technology innovation, business strategy and market penetration.

“The Red Herring Top 100 Global list represents some of the most disruptive and innovative startups in the world, and it is an honor to be included among their ranks” said Gaurav Banga, CEO and founder of Balbix. “We believe that our unique approach to cybersecurity, which enables enterprises to predict and proactively mitigate breaches before they happen, will have a significant impact on the market.”

Red Herring’s Top 100 Global list has become a distinction, identifying promising companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

More information about the Red Herring Top 100 Global and the full list of winners can be viewed here: https://www.redherring.com/2018-red-herring-top-100-global-winners/.

About Balbix
The Balbix breach avoidance platform, BreachControl™, is the industry’s first system to leverage specialized artificial intelligence (AI) to provide comprehensive and continuous predictive assessment of breach risk. Visualized via a searchable and clickable risk heat-map, it is designed for CISOs, CIOs and IT security teams. BreachControl can forecast critical breach scenarios and prioritize/recommend fixes by business risk, improving security operations, compliance and cyber-resilience. Learn more at www.balbix.com.

For more information, contact:
Kim Diesel
10Fold for Balbix
balbix@10fold.com