About Baffin Bay Networks
Baffin Bay Networks is a company based in Stockholm (Sweden) founded in 2017 by Joakim Sundberg was acquired by Mastercard in March 2023. Baffin Bay Networks has raised $6.4 million across 1 funding round from investors including Mastercard and EQT Ventures. Baffin Bay Networks has completed 1 acquisition, including Loryka. Baffin Bay Networks offers products and services including Threat Protection Platform, DDoS Protection, Bot Protection, Web Application Firewall, and Intrusion Prevention System. Baffin Bay Networks operates in a competitive market with competitors including Jetpack, ScanSafe, Trust Lab, Monarx and Tala Security, among others.
- Headquarter Stockholm, Sweden
- Founders Joakim Sundberg
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$6.4 M (USD)
in 1 rounds
-
Latest Funding Round
$6.4 M (USD), Series A
Jun 28, 2018
-
Investors
Mastercard
& 1 more
-
Employee Count
Not available
- Investments & Acquisitions
-
Acquired by
Mastercard
(Mar 20, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Baffin Bay Networks
Baffin Bay Networks offers a comprehensive portfolio of products and services, including Threat Protection Platform, DDoS Protection, Bot Protection, Web Application Firewall, and Intrusion Prevention System.
Cloud-based platform to mitigate cyberattacks using intelligence.
Service to precisely stop distributed denial-of-service attacks.
Detects and blocks malicious bot activities on websites.
Protects against vulnerabilities in web applications.
Inspects and blocks threats targeting servers and systems.
Enhances website speed and user experience online.
People of Baffin Bay Networks
Unlock access to complete
Funding Insights of Baffin Bay Networks
Baffin Bay Networks has successfully raised a total of $6.4M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.4 million completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Baffin Bay Networks
Baffin Bay Networks has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Mastercard and EQT Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments in technology and innovation sectors.
|
Locked | Locked | Locked | |
|
Global payments are processed via card network connections.
|
Locked | Locked | Locked |
Investor details for Baffin Bay Networks
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Baffin Bay Networks
Baffin Bay Networks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Loryka.
Investment portfolio details for Baffin Bay Networks
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Security solutions are provided by Loryka for threat protection.
|
Locked | Locked | 2016 | Locked |
Complete acquisition details for Baffin Bay Networks
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Baffin Bay Networks
Detailed financials for Baffin Bay Networks
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Baffin Bay Networks Comparisons
Peer comparison for Baffin Bay Networks
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Baffin Bay Networks
Baffin Bay Networks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jetpack, ScanSafe, Trust Lab, Monarx and Tala Security, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Website security and performance enhancements are delivered by Jetpack.
|
|
| Locked | Locked | Locked |
Cloud-based web proxy security is delivered for enterprise web usage.
|
|
| Locked | Locked | Locked |
Website security solutions provider
|
|
| Locked | Locked | Locked |
Cloud-based protection for web servers against malicious attacks is provided.
|
|
| Locked | Locked | Locked |
Website threat detection solutions are provided for client-side protection.
|
|
| Locked | Locked | Locked |
Threat detection and vulnerability assessment for web applications are provided.
|
Detailed competitors of Baffin Bay Networks
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Baffin Bay Networks
Complete news archive for Baffin Bay Networks
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Baffin Bay Networks
Baffin Bay Networks was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Baffin Bay Networks is headquartered in Stockholm, Sweden.
Joakim Sundberg is the current CEO of Baffin Bay Networks. They have also founded this company.
Baffin Bay Networks is a funded company, having raised a total of $6.4M across 1 funding round to date.
Baffin Bay Networks was founded in 2017 in Stockholm, Sweden, focusing on cybersecurity services. Threat protection is offered against distributed denial-of-service attacks and web application vulnerabilities. Mitigation is provided for malware and exploit codes, while exploitation of weaknesses in web apps is prevented. Real-time logging, reporting, and statistics on attack attempts are included. Operations are conducted on a global scale, with monthly pricing determined by business size and selected package.
Baffin Bay Networks's top competitors include Jetpack, Monarx and Tala Security.
Baffin Bay Networks offers Threat Protection Platform, DDoS Protection, Bot Protection, Web Application Firewall, and 2 more products and services.
Baffin Bay Networks has made 1 acquisition, including Loryka.
Baffin Bay Networks has 2 investors. Key investors include Mastercard, and EQT Ventures.