Redline Capital led a $70m Series C round in Balbix.

Redline Capital, a venture capital firm, led a $70m Series C round in Balbix, a cybersecurity posture automation company, with participation from Third Point Ventures, Nautilus Venture Partners, Modern Venture Partners, Franklin Park, Mayfield, JC2 Ventures, Mubadala Capital, Alter Venture Partners, and Singtel Innov8. "Organizations of all sizes need real-time cyber risk visibility which is crucial for coordinating and driving timely risk mitigation actions. With its differentiated AI-powered approach to cybersecurity posture automation and excellent reference customer deployments, Balbix is very well poised to address these requirements. We are excited to take this journey with them as they continue to scale across the world," Nicolas Giuli, Redline Capital Partner.