Balbix Named Hot Security Technology of the Year for Artificial Intelligence in Security

SAN JOSE, Calif.--(BUSINESS WIRE)--Balbix Inc., provider of the industry’s first system for cybersecurity posture transformation, announced today that the company has been named AI Tech Trailblazer for the 2019 Tech Trailblazers Awards, the first independent and dedicated global awards program for enterprise information technology startups.

“This award celebrates innovation at its most cutting edge, and we are honored to be the 2019 Trailblazer in AI,” says Vinay Sridhara, CTO of Balbix. “Cybersecurity is rapidly transforming as threats become increasingly sophisticated and the need for digital infrastructure to monitor vulnerabilities is more apparent. The Balbix platform is the first to deploy AI to effectively manage these challenges and we’re thrilled to have our record of innovation continuously recognized. “

In its eighth year, the Tech Trailblazer Awards recognize leading enterprise technology startups across the globe that focus on: AI, big data, blockchain, cloud, infosecurity, high performance computing, mobile, networking, storage, and virtualization. Winners were selected by a combination of public votes (49% of the overall score) and judges’ opinions (51%).

Balbix uses specialized AI algorithms to discover and analyze the enterprise network for vulnerabilities, significantly reducing the risk of breaches. The platform also simplifies and streamlines cybersecurity by detailing key priorities to ensure that potential threats are managed as efficiently as possible. Balbix serves a global base of customers in every major vertical.

“It’s fantastic to continue to see such award-winning innovation across every category,” said Ross Rose, founder of Tech Trailblazers. “Based on our analysis of the success of our alumni, it’s clear that the winners of our awards also turn into winners for founders and investors. We congratulate all the winners both on their trailblazing and on their efforts to bring these innovations to market.”

This award win, among other industry recognition, further validates Balbix as a leader in the industry. The company was recently named the Hot Security Technology of the Year Gold Winner for Artificial Intelligence in Security by Tech Trailblazers. Balbix also won the SINET 16 Innovators Award for 2019, and the platform was awarded a five-star rating by SC Magazine for its ability to help organizations predictively assess data breach risks.

For more information on the Tech Trailblazers, please visit www.techtrailblazers.com, follow the buzz on Twitter @techtrailblaze, hashtag #TTawards or join us on LinkedIn http://www.linkedin.com/company/tech-trailblazers-awards or Facebook: www.facebook.com/Techtrailblazers for the latest updates.

About Balbix

Balbix is the world’s first cybersecurity platform to leverage specialized AI to provide real-time visibility into an organization’s breach risk. The Balbix system predicts where and how breaches are likely to happen, prescribes prioritized mitigating actions, and enables workflows to address the underlying security issues. By using Balbix, CISOs and CIOs can transform their organization’s cybersecurity posture, reducing cyber risk by 95% or more, while making security teams 10 times more efficient. Balbix counts many global 1000 companies among its rapidly growing customer base and was named a “Cool Vendor” by Gartner in 2018. For more information, visit our website www.balbix.com and blog https://blogs.balbix.com/, follow us on Twitter https://twitter.com/balbixinc/ and LinkedIn https://www.linkedin.com/company/balbix/.

About the Tech Trailblazers Awards

www.techtrailblazers.com

Tech Trailblazers is a new concept in awards, designed explicitly for smaller businesses and startups that are less than six years old and at C-series funding or below. The awards have low barriers to entry and recognize startup innovation. The awards seek to recognize true innovators in the following enterprise technology and other areas:

• AI Trailblazers
• Big Data Trailblazers
• Blockchain
• Cloud Trailblazers
• Containers Trailblazers
• Developer Trailblazers
• Female Tech Trailblazers
• FinTech Trailblazers
• IoT Trailblazers
• Male Tech Trailblazers
• Mobile Technology Trailblazers
• Security Trailblazers
• Storage Trailblazers
• The Firestarter Award

For more information, please email us at [e-mail], follow us on Twitter @techtrailblaze or via the hashtag #TTAwards, or visit us on LinkedIn at http://www.linkedin.com/company/tech-trailblazers-awards.