Balena Overview

  • Founded

  • 2013

Founded
  • Status

  • Private

  • Employees

  • 88

Employees
  • Latest Deal Type

  • 2ndary - Private

  • Investors

  • 14

Balena General Information

Description

Developer of a modern DevOps management platform designed 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, Rulemotion, Resinio
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Software Development Applications
Other Industries
Business/Productivity Software
IT Consulting and Outsourcing
Primary Office
  • 1517 12th Avenue
  • Seattle, WA 98122
  • United States

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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 000.00 000.00 000.00 Completed Generating Revenue
4. Later Stage VC 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
Ordinary 00,000 00.000000 00.00 00.00 00 00.00 0.000
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 00.00
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 23.26%
Series A 700,768 $0.000100 $3.91 $3.91 1x $3.91 14.16%
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 designed to simplify the way IoT software is built, deployed, and manag
Software Development Applications
Seattle, WA
88 As of 2023
000.00
000000 - 000 000.00

00.00

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00000000000000000000
Redwood City, CA
000 As of 0000
00.000
000000000 00.000

000000

bore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation
00000000 00000000000
Aventura, FL
00 As of 0000
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Balena Competitors (33)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
C3.ai Formerly VC-backed Redwood City, CA 000 00.000 000000000 00.000
000000 Corporation Aventura, FL 00
0000 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
00000000 Corporation Bangalore, India 00
You’re viewing 5 of 33 competitors. Get the full list »

Balena Patents

  • 3

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 1

    Granted

  • 000

    Pending

  • 000

    Expiring in next 12 mo

Balena Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220282084-A1 Composite biodegradable polymeric based material, a product and a method of making same Active 04-Mar-2021 000000000 0
US-11485849-B2 Composite biodegradable polymeric based material, a product and a method of making same Active 04-Mar-2021 000000000 00
US-20220372279-A1 Composite biodegradable polymeric based material, a product and a method of making same Pending 04-Mar-2021 C08L67/03 0

Balena Executive Team (10)

Name Title Board Seat Contact Info
Alexandros Marinos Ph.D Co-Founder, Board Member & Co-Chief Executive Officer
Angeles Balena Founder & Board Member
Pagan Gazzard Co-Founder & API Engineer
Alison Riddell Board Member
Panayiotis Papadopoulos Advisor
You’re viewing 5 of 10 executive team members. Get the full list »

Balena Board Members (9)

Name Representing Role Since
Alexandros Marinos Ph.D Balena Co-Founder, Board Member & Co-Chief Executive Officer 000 0000
Alison Riddell Self Board Member 000 0000
Andreas Stavropoulos Draper Fisher Jurvetson Management Board Member 000 0000
Angeles Balena Balena Founder & Board Member 000 0000
Bernt Tallaksen Self Board Member 000 0000
You’re viewing 5 of 9 board members. Get the full list »

Balena Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-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
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