Founded in 2011, Balena offers a software platform that abstracts away infrastructure complexity so engineering teams can securely deploy, update, and monitor large fleets of edge devices from a single interface. Its container-based architecture supports 178 device types and powers fleets operating in more than 50 countries, with certain customers managing fleets exceeding 100,000 devices. Key capabilities include secure over-the-air (OTA) updates, remote troubleshooting, and support for intensive Edge AI workloads without vendor lock-in. The company positions itself as the easiest-to-use, hardware-agnostic solution for scaling edge and IoT deployments. Looking ahead, Balena plans to accelerate product innovation around Edge AI and enhanced security compliance while expanding resources for customer success and global fleet support. These initiatives will be funded by the newly announced strategic growth investment, reinforcing the firm’s mission to make edge technology more accessible to a wider audience.

Total raised

$31M

Funding rounds

5

Latest round

Series B

Latest activity

Jul 2019