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 grew to 51–200 employees. The company raised $82 million across 3 funding rounds from 8 investors. Bionic was acquired by CrowdStrike in September 2023.

Business overview

Bionic provides an application intelligence platform designed to help IT, operations, and security teams at global financial services and technology companies enhance the efficiency of application operations and protection. The platform automatically reverse-engineers applications to deliver a comprehensive inventory, including architecture and data flows, monitors critical production changes, and enables developer guardrails for architecture enforcement. Bionic operates as an agentless solution 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. This acquisition signifies a strategic move by CrowdStrike to enhance its cybersecurity offerings, integrating Bionic's application security posture management capabilities. For investors, this indicates a strong validation of Bionic's technology and market position, highlighting the increasing demand for robust application security solutions within the broader cybersecurity landscape.

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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 Bionic's last disclosed funding round?
In March 2022, Bionic secured a funding round with Insight Partners as a lead investor, and follow-on investment from.
Which investors participated in Bionic's Seed round?
In May 2019, Bionic received investment from Donald Duet and Sameer Jain.
What was Bionic's last product development announcement?
In June 2023, Bionic advanced its Application Security Posture Management Platform with the introduction of Bionic Signals and Business Risk Scoring.
What was the reported acquisition price range for Bionic?
In July 2023, CrowdStrike was in negotiations to acquire Bionic for an estimated $200-300 million.
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