Bionic

Application Security Posture Management Platform

Cyber Security
Acquired (Inactive) by CrowdStrike on Sep 2023 - closed due to acquisition
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Company Overview

Snapshot

Founded in March 2019 by Idan Ninyo and Eyal Mamo, Bionic operated with 51–200 employees. The company secured $82 million in total capital across 3 funding rounds from 8 investors. Bionic was acquired by CrowdStrike in September 2023.

Business overview

Bionic developed an application intelligence platform designed to assist IT, operations, and security teams within global financial services and technology companies in more efficiently operating and protecting applications. Its core technology automatically reverse-engineers applications, providing a comprehensive inventory with architecture and data flows, monitoring critical changes in production, and enabling developer guardrails for architecture enforcement. The platform is agentless and functions across various environments, from on-premises monolithic applications to hosted cloud-native microservices, operating within the Cyber Security sector.

Strategic signal

In September 2023, CrowdStrike acquired Bionic for an estimated $350 million. This acquisition signals a strategic move by CrowdStrike to enhance its cybersecurity offerings by integrating Bionic's application security posture management capabilities, indicating a consolidation trend in the cybersecurity market and a focus on comprehensive application protection.

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Company Intelligence Q&A

When was Bionic acquired and by whom?
Bionic was acquired by CrowdStrike in September 2023.
What was the reported acquisition amount for Bionic?
CrowdStrike acquired Bionic for an estimated $350 million in September 2023, as reported by Calcalistech.
Which investors participated in Bionic's March 2022 funding round?
In March 2022, Bionic received funding from lead investor Insight Partners.
What was a significant product advancement announced by Bionic in June 2023?
In June 2023, Bionic advanced its Application Security Posture Management Platform with the introduction of Bionic Signals and Business Risk Scoring.
Which investors participated in Bionic's December 2020 funding round?
In December 2020, Bionic received funding from lead investor Battery Ventures.
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