Bionic

Application Security Posture Management Platform

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

Company Overview

Snapshot

Founded in March 2019 by Idan Ninyo and Eyal Mamo, Bionic operated with 51–200 employees. The company raised a total of $82 million 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 managing and protecting applications. The platform automatically reverse-engineers applications to provide a comprehensive inventory with architecture and data flows, monitors critical changes in production, and enforces developer guardrails. Operating agentlessly across various environments, from on-premises monolithic applications to hosted cloud-native microservices, Bionic specializes in Cyber Security, focusing on application and website security.

Strategic signal

In September 2023, Bionic was acquired by CrowdStrike. This acquisition highlights the increasing consolidation within the cybersecurity market and CrowdStrike's strategic move to enhance its offerings with Bionic's application security posture management capabilities, signaling a significant validation of Bionic's technology and market relevance.

Company Intelligence Q&A

What was Bionic's most significant corporate milestone?
Bionic was acquired by CrowdStrike in September 2023, marking a significant exit for the company in the cybersecurity sector.
When was Bionic founded and by whom?
Bionic was founded in March 2019 by co-founders Idan Ninyo and Eyal Mamo.
Which investors participated in Bionic's Seed round?
In May 2019, Bionic received Seed funding from investors including Donald Duet.
What is Bionic's primary focus in the cybersecurity market?
Bionic focuses on Application Security Posture Management, providing a platform that helps organizations operate and protect applications by offering comprehensive inventory, architecture, data flow monitoring, and enforcement of developer guardrails.

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