Banyan Security

San Francisco, United States Founded: 2015 • Age: 11 yrs Acquired By SonicWALL
Cloud-based zero trust access and authentication solutions are delivered.
Annual revenue - Latest available
Total funding $47.0M 2 rounds
Employees 21 Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Banyan Security

Banyan Security is a company based in San Francisco (United States) founded in 2015 was acquired by SonicWALL in January 2024. Banyan Security has raised $47 million across 2 funding rounds from investors including SonicWALL, Susquehanna and Third Point Ventures. The company has 21 employees as of December 31, 2019. Banyan Security operates in a competitive market with competitors including Teleport, Cyolo, Kona, BastionZero and Twingate, among others.

  • Headquarter San Francisco, United States
  • Employees 21 as on 31 Dec, 2019
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $47 M (USD)

    in 2 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Jan 18, 2022

  • Investors
    SonicWALL

    & 5 more

  • Employee Count
    21

    as on Dec 31, 2019

  • Acquired by
    SonicWALL

    (Jan 03, 2024)

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People of Banyan Security

Headcount 50-200
Employee Profiles 5
Employee Profiles
People
Jayanth Gummaraju
Co-Founder & CEO
People
Andrew McCarter
Sr. Product Manager
People
Carmen Bonfante Araque
Customer Success Engineer

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Funding Insights of Banyan Security

Banyan Security has successfully raised a total of $47M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in January 2022. 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 Banyan Security

Banyan Security has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include SonicWALL, Susquehanna and Third Point Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Corporate-backed venture capital is focused on fintech and multiple sectors.
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Venture capital firm investing in early stage startups
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Venture capital investments in software startups from pre-seed to Series A stages.
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Investor details for Banyan Security

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Investments & Acquisitions by Banyan Security

Investments
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Investment portfolio details for Banyan Security

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Financial Statements - Banyan Security

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Banyan Security Comparisons

Banyan Security Primary company
Description
Cloud-based zero trust access and authentication solutions a...
Location
San Francisco, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
21
As of 2019
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Peer comparison for Banyan Security

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Competitors of Banyan Security

Banyan Security 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 Teleport, Cyolo, Kona, BastionZero and Twingate, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based open-source software is provided for access to computing resources.
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Connectivity management solutions for IoT applications are provided.
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Employee engagement tools are provided for morale tracking and insights.
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Secure remote access to infrastructure is enabled via VPN solutions.
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Cloud-based zero trust remote access solutions are provided for networks.
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Cloud-based remote access and unified communication solutions are provided.
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Detailed competitors of Banyan Security

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Latest news on Banyan Security

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Frequently Asked Questions about Banyan Security

Banyan Security was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Banyan Security is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Banyan Security is a funded company, having raised a total of $47M across 2 funding rounds to date.

As of Dec 31, 2019, the latest employee count at Banyan Security is 21.

Banyan was founded in 2015 in San Francisco, United States, and operates in the cybersecurity sector. A cloud-based platform is provided for zero trust secure access and authentication. Continuous enforcement of access policies is enabled through centralized management and distributed architecture. Policies are deployed based on combinations of user, device, and application contexts. Network-independent design and fine-grained controls are included in the offerings.

Banyan Security's top competitors include Twingate, Teleport and Kona.

Banyan Security has 6 investors. Key investors include SonicWALL, Susquehanna, Third Point Ventures, Shasta Ventures, and Unusual Ventures.

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