Balena Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Private

  • Employees
  • 75

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 14

Balena General Information

Description

Developer of an IOT-based fleet management platform designed to simplify how 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 quickly and easily build fleets of connected devices.

Contact Information

Website
www.balena.io
Formerly Known As
Resin.io, Rulemotion, Resinio
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1620 Broadway
  • Suite Number 206
  • Seattle, WA 98122
  • United States
Primary Industry
Software Development Applications
Other Industries
Business/Productivity Software
IT Consulting and Outsourcing
Vertical(s)
CloudTech & DevOps, SaaS, TMT, Internet of Things
Corporate Office
  • 1620 Broadway
  • Suite Number 206
  • Seattle, WA 98122
  • United States

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Balena Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Accelerator/Incubator 000.00 Completed Generating Revenue
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. Later 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 an IOT-based fleet management platform designed to simplify how software is built, deployed, and managed. T
Software Development Applications
Seattle, WA
75 As of 2024
000.00
000000000000 000.00

0000

ate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat c
00000000000000000000
Istanbul, Turkey
00 As of 0000
00.00
000000 - 000 00.00

00.00

n reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
00000000000000000000
Redwood City, CA
000 As of 0000
00.000
000000000 00.000
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Balena Competitors (27)

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
C3.ai Formerly VC-backed Redwood City, CA 000 00.000 000000000 00.000
KaaIoT Corporation Aventura, FL 00
Cloud Elements Formerly VC-backed Denver, CO 000 000.00 000000&0 000.00
WSO2 Private Equity-Backed Santa Clara, CA 000 00000 000000000000 00000
You’re viewing 5 of 27 competitors. Get the full list »

Balena Patents

  • 5

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 2

    Granted

  • 2

    Pending

  • 000

    Expiring in next 12 mo

Balena Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220372279-A1 Composite biodegradable polymeric based material, a product and a method of making same Inactive 04-Mar-2021 000000000 0
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
EP-4301813-A1 Composite biodegradable polymeric based material, a product and a method of making same Pending 04-Mar-2021 000000000
US-20230340254-A1 Composite biodegradable polymeric based material, a product and a method of making same Pending 04-Mar-2021 C08L67/02
To view Balena’s complete patent history, request access »

Balena Executive Team (11)

Name Title Board Seat
Phil Wilson Co-Chief Executive Officer & Chief Technology Officer
Konstantinos Mouzakis Co-Chief Executive Officer & Chief Design and Hardware Officer
Angeles Balena Co-Founder, Co-Chief Executive Officer & Board Member
Chris Crocker-White Co-Chief Executive Officer
Pagan Gazzard Co-Founder & Senior Software Engineer
You’re viewing 5 of 11 executive team members. Get the full list »

Balena Board Members (9)

Name Representing Role Since
Alexandros Marinos Ph.D Balena Co-Founder & Board Member 000 0000
Alison Riddell Self Board Member 000 0000
Andreas Stavropoulos Draper Fisher Jurvetson Management Board Member 000 0000
Angeles Balena Balena Co-Founder, Co-Chief Executive Officer & 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

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
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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Balena FAQs

  • When was Balena founded?

    Balena was founded in 2011.

  • Who is the founder of Balena?

    Angeles Balena, Petros Angelatos, Pagan Gazzard, and Alexandros Marinos Ph.D are the founders of Balena.

  • Who is the CEO of Balena?

    Phil Wilson, Konstantinos Mouzakis, Angeles Balena, and Chris Crocker-White are the CEOs of Balena.

  • Where is Balena headquartered?

    Balena is headquartered in Seattle, WA.

  • What is the size of Balena?

    Balena has 75 total employees.

  • What industry is Balena in?

    Balena’s primary industry is Software Development Applications.

  • Is Balena a private or public company?

    Balena is a Private company.

  • What is Balena’s current revenue?

    The current revenue for Balena is 00000.

  • How much funding has Balena raised over time?

    Balena has raised $35.1M.

  • Who are Balena’s investors?

    Bernt Tallaksen, Teslaura Networks, Big Pi Ventures, Global Brain, and KDDI Ventures Program are 5 of 14 investors who have invested in Balena.

  • Who are Balena’s competitors?

    Iven, C3.ai, KaaIoT, Cloud Elements, and WSO2 are some of the 27 competitors of Balena.

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