Balbix Gets $8.6M For Breach Risk Assessment Tools

San Jose-based balbix, a developer of risk assessment tools that helps enterprises predict their cyber-breach risk, has raised $8.6M in funding, and emerged from stealth, the company said Tuesday. The funding came from Mayfield. Mayfield' Navin Chaddha joined the Balbix board as part of the earlier funding. Balbix was founded by CEO Guarav Banga, who previously founded Bromium. More information »