# Balena

**Source:** https://geo.sig.ai/brands/balena  
**Vertical:** IoT & Hardware  
**Subcategory:** General  
**Tier:** Challenger  
**Website:** balena.io  
**Last Updated:** 2026-04-14

## Summary

IoT fleet management platform for Linux embedded devices; balenaOS and containerized OTA updates for Raspberry Pi and industrial device fleets with remote monitoring.

## Company Overview

Balena is an IoT fleet management platform enabling developers and companies to deploy, update, and manage fleets of Linux-based embedded devices — Raspberry Pi, NVIDIA Jetson, industrial computers — in the field, from edge devices monitoring industrial equipment to smart digital signage to remote environmental sensors. Founded in 2013 in London and having raised approximately $43 million, Balena serves thousands of developers and companies deploying connected hardware products where OTA (over-the-air) update reliability and remote management are critical operational requirements.

Balena's platform includes balenaOS (a minimal, production-hardened Linux OS for embedded devices), balenaEngine (container runtime for embedded devices), and balenaCloud (fleet management for deployment, monitoring, and remote access to devices). The containerized deployment model allows developers to build applications as Docker containers and push updates to a fleet of thousands of devices with rollback capabilities if an update fails — essential for hardware deployed in inaccessible locations.

In 2025, Balena competes with AWS Greengrass, Azure IoT Edge, and open-source alternatives for edge device management and IoT fleet management. The company's developer community includes hardware hackers, industrial IoT deployments, and enterprise edge computing teams. Balena's 2025 strategy emphasizes its developer experience (balena Blocks — pre-built modular app components), expanding its enterprise fleet management capabilities for large-scale commercial deployments, and building AI edge inference deployment tools that allow ML models to be deployed and updated on embedded devices as efficiently as traditional application updates.

## Frequently Asked Questions

### What is Balena?
Balena is an IoT edge computing platform founded in 2013 that provides container-based infrastructure for managing fleets of connected devices. The company offers an ecosystem for creating, deploying, and managing connected device fleets at scale.

### What products and services does Balena offer?
Balena offers balenaCloud (device management platform), balenaOS (container-optimized Linux OS), and balenaEngine (Docker container engine). The platform also provides fleet management and monitoring capabilities, along with over-the-air updates for edge devices.

### Who are Balena's target customers?
Balena serves companies and organizations that need to manage fleets of connected IoT devices at the edge. The platform is designed for those requiring container-based infrastructure for deploying and monitoring connected hardware.

### When was Balena founded and by whom?
Balena was founded in 2013 by Petros Angelatos, Alexandros Marinos, and Pagan Gazzard.

### Where is Balena headquartered?
Balena is headquartered in London, United Kingdom.

### How much funding has Balena raised?
Balena has raised between $35.1M and $101M in total funding (sources vary). The company's Series B round of $14.4M was completed in July 2019, led by OpenView with participation from DFJ, Threshold Ventures, Aspect Ventures, and GE Ventures.

### What is Balena's valuation and revenue?
Balena reached a valuation of $558M in September 2019. The company's revenue range is estimated between $10M and $50M.

### What technology approach does Balena use?
Balena uses a container-based infrastructure approach for IoT edge computing. The platform leverages Docker container technology optimized for connected devices through its balenaEngine and balenaOS products.

### How large is Balena's team?
As of July 2024, Balena has between 51 and 200 employees.

### What are Balena's recent developments?
Balena has grown to a team of 51-200 employees as of July 2024 and maintains a revenue range of $10M-$50M. The company achieved a $558M valuation in September 2019 following its Series B funding round.

## Tags

hardware, iot, manufacturing, b2b

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*