Singtel Innov8 co-led the cybersecurity software developer's series B round with Abu Dhabi's Mubadala Investment Company.
Balbix, the US-based developer of a cyber risk assessment platform, has secured $20m in a series B round co-led by Singtel Innov8, a subsidiary of telecoms company Singapore Telecommunications.
Mubadala Ventures, a branch of the emirate of Abu Dhabi’s Mubadala Investment Company, co-led the round, which included venture capital firm Mayfield Fund and angel investors BV Jagadeesh, Gary Gauba, John Chambers and Pankaj Patel.
Balbix has developed software that utilises artificial intelligence to continuously predict cyber breaches. The platform’s interface…
