Balena Overview

  • Founded
  • 2013
Founded
  • Status
  • Private
  • Employees
  • 98
Employees
  • Latest Deal Type
  • 2ndary - Private
  • Investors
  • 14

Balena General Information

Description

Developer of a modern DevOps management platform intended to simplify the way IoT software is built, deployed and managed. The company's platform uses Linux containers and open technologies to facilitate firmware deployment with git, provisioning, log collection and transparent cross-compilation as well as permits any Linux-supported language, library and API to be used on embedded products, enabling developers to develop IoT applications with efficacy.

Contact Information

Website
www.balena.io
Formerly Known As
Resin.io
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Software Development Applications
Other Industries
Automation/Workflow Software
IT Consulting and Outsourcing
Business/Productivity Software
Primary Office
  • 1517 12th Avenue
  • Seattle, WA 98122
  • United States

Balena Timeline

2018201920202021
Financing RoundCaptured Employee CountEstimated Employee Growth
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Balena Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Secondary Transaction - Private 000.00 Completed Generating Revenue
5. Later Stage VC (Series B) 24-Jul-2019 0000 000.00 000.00 Completed Generating Revenue
4. Later Stage VC (Series A) 28-Nov-2018 000 000.00 Completed Generating Revenue
3. Accelerator/Incubator 25-Sep-2017 000.00 Completed Generating Revenue
2. Early Stage VC (Series B) 18-May-2016 $9M $13.1M 000.00 Completed Generating Revenue
1. Early Stage VC (Series A) 14-Apr-2015 $4.06M $4.06M 000.00 Completed Startup
To view Balena’s complete valuation and funding history, request access »

Balena Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B 000,000 00.000000 000.00 000.00 00 000.00 0.000
Series B 000,000 00.000000 000.00 000.00 00 000.00 00.000
Ordinary 00,000 00.000000 00.00 00.00 00 00.00 0.000
Ordinary 0,000 00.000000 00.00 00.00 00 00.00 0.000
Ordinary 00,000 00.000000 00.00 00.00 00 00.00 0.000
Ordinary 00,000 00.000000 00.00 00.00 00 00.00 0.000
Series A1 1,150,893 $0.000100 $7.82 $7.82 1x $7.82 23.48%
Series A 700,768 $0.000100 $3.91 $3.91 1x $3.91 14.3%
To view Balena’s complete cap table history, request access »

Balena Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a modern DevOps management platform intended to simplify the way IoT software is built, deployed and manage
Software Development Applications
Seattle, WA
98 As of 2021
000.00
000000 - 000 000.00

0000

trud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in
000000000000000000000 00000000
Istanbul, Turkey
00 As of 0000
00.00
000000 - 000 00.00

00000 00

ris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate vel
000000000000000000000 00000000
Denver, CO
000 As of 0000
000.00
000000&0 000.00
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Balena Competitors (14)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Iven Venture Capital-Backed Istanbul, Turkey 00 00.00 000000 - 000 00.00
00000 00000000 Formerly VC-backed Denver, CO 000 000.00 000000&0 000.00
00000 Venture Capital-Backed Sunnyvale, CA 00 00.000 00000000000 00.000
0000 00000000 Venture Capital-Backed Milpitas, CA 000 00000 000000000 - 00000
0000 Venture Capital-Backed Santa Clara, CA 000 000.00 00000000000 000.00
You’re viewing 5 of 14 competitors. Get the full list »

Balena Executive Team (8)

Name Title Board Seat Contact Info
Alexandros Marinos Ph.D Co-Founder, Board Member & Chief Executive Officer
Alison Riddell Chief Operating Officer & Board Member
Phillip Allison Director, Sales & Business Development
Pagan Gazzard API Engineer & Co-Founder
Andrew Leventhal Head, Business Development
You’re viewing 5 of 8 executive team members. Get the full list »

Balena Board Members (8)

Name Representing Role Since
Alexandros Marinos Ph.D Balena Co-Founder, Board Member & Chief Executive Officer 000 0000
Alison Riddell Balena Chief Operating Officer & Board Member 000 0000
Andreas Stavropoulos Draper Fisher Jurvetson Management Board Member 000 0000
Bernt Tallaksen Self Board Member 000 0000
Mackey Craven OpenView Venture Partners Board Member 000 0000
You’re viewing 5 of 8 board members. Get the full list »

Balena Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Balena Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Bernt Tallaksen Angel (individual) Minority 000 0000 000000 0
Teslaura Networks Venture Capital Minority 000 0000 000000 0
Big Pi Ventures Venture Capital Minority 000 0000 000000 0
Global Brain Venture Capital Minority 000 0000 000000 0
KDDI Ventures Program Corporate Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 14 investors. Get the full list »