When was Baffin Bay Networks founded?

Baffin Bay Networks was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Baffin Bay Networks located?

Baffin Bay Networks is headquartered in Stockholm, Sweden.

How many employees does Baffin Bay Networks have?

As of Aug 31, 2026, the latest employee count at Baffin Bay Networks is 5.

Is Baffin Bay Networks a funded company?

Baffin Bay Networks is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Jun 28, 2018.

When was the latest funding round of Baffin Bay Networks?

Baffin Bay Networks' latest funding was a $***** Series A round on Jun 28, 2018, with participation from 1 investor.

Where does Baffin Bay Networks rank among its competitors?

Baffin Bay Networks ranks 8th amongst 79 active competitors, of which 7 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Monarx, which secured $4.98M in Nov, 2025.

Who are the top competitors of Baffin Bay Networks?

Baffin Bay Networks' top competitors include Jetpack, Chaitin and Tala Security. Among them, Monarx secured the most recent funding round in November, 2025.

Baffin Bay Networks - 2026 Company Profile, Funding & Competitors

Baffin Bay Networks is an acquired company based in Stockholm (Sweden), founded in 2017. It operates as a Globally distributed threat protection against DDoS attacks and Web Applications. Baffin Bay Networks has raised $6.4M in funding. The company has 79 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like Jetpack, Chaitin and Tala Security.

Company Details

Baffin Bay Networks provides threat protection against Distributed Denial of Service and Web Application attack. Their solution provides mitigtion against a range of threats including malware and Exploit Codes. Also prevents attackers from exploiting vulnerablibilities in a web application and provides real-time logging, reporting and statistics on attempted attacks. Pricing is on a monthly basis depending on the size of business and package opted.

Website: baffinbaynetworks.com
Social
Email ID: *****@baffinbaynetworks.com

Key Metrics

Founded Year

2017

Location

Stockholm, Sweden

Stage

Acquired

Total Funding

$6.4M in 1 round

Latest Funding Round

Series A, Jun 28, 2018, $*****

Investors

EQT & 1 more

Ranked

8^th among 79 active competitors

Employee Count

5 as on Aug 31, 2026

Investment & Acquisitions

Loryka

Similar Companies

Jetpack & 110 more

Exit Details

Acquired by Mastercard (Mar 20, 2023)

View Baffin Bay Networks' full profile

Baffin Bay Networks got acquired by Mastercard on Mar 20, 2023.

Click here to take a look at Baffin Bay Networks's acquisition in detail

Baffin Bay Networks has raised a total funding of $6.4M over 1 round. Its latest funding round was a Series A round on Jun 28, 2018 for $*****. 1 investor participated in its latest round. Baffin Bay Networks has 2 institutional investors.

Here is the list of recent funding rounds of Baffin Bay Networks:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 28, 2018	5177402	Series A	8088539	1498408	6864185	6059687

Access funding benchmarks and valuations. Sign up today!

View details of Baffin Bay Networks's funding rounds and investors

Baffin Bay Networks' employee count trend

Baffin Bay Networks has 5 employees as of Aug 26. Here is Baffin Bay Networks's employee count trend over the years:

Employee count trend for Baffin Bay Networks

Uncover Baffin Bay Networks' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Baffin Bay Networks include Jetpack, Chaitin and Tala Security. Here is the list of Top 10 competitors of Baffin Bay Networks, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Jetpack 1996, Los Angeles (United States), Series A	Website security solution	$2.4M	Khosla Ventures, Morado Ventures	61/100
2nd	Chaitin 2014, Beijing (China), Acquired	Threat detection & vulnerability assessment solution for web apps	$15.1M	Qiming Venture Partners, DiDi & 4 others	56/100
3rd	Tala Security 2016, San Francisco (United States), Series B	Website threat detection solutions provider	$9.51M	Jackson Square Ventures, TriplePoint Capital ... & 3 others	44/100
4th	ScanSafe 2004, San Francisco (United States), Acquired	Cloud delivered web-proxy based website security	$28.5M	Benchmark, Greenspring Associates & 2 others	42/100
5th	Trust Lab 2019, Palo Alto (United States), Series A	Website security solutions provider	$15M	Foundation Capital, USVP & 3 others	41/100
6th	Monarx 2017, Salt Lake City (United States), Series A	Cloud based server protection solution to protect web environment against attacks	$14.4M	Pelion Venture Partners, Signal Peak & 2 others	41/100
7th	Edgio 2001, Phoenix (United States), Deadpooled	Cloud based API security solutions	-	Lynrock Lake, Kaplan Group Investments	39/100
8th	Baffin Bay Networks 2017, Stockholm (Sweden), Acquired	Globally distributed threat protection against DDoS attacks and Web Applications	$6.4M	EQT, Red Dawn Ventures	38/100
9th	BLOKK 2022, Jersey, Unfunded	Application for website threat detection	-	-	36/100
10th	Lokker 2020, Redwood City (United States), Series A	Saas based security software from website privacy threats	$7.32M	Richmond Global Ventures	34/100