
Binalyze
Specializes in Investigation and Response Automation for cybersecurity, offering tools like Timeline, Triage, and Drone to expedite incident response investigations and reduce dwell time.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
* | $19.0m | Series A | |
Total Funding | 000k |
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 166 % | (9 %) | 41 % | 340 % | 114 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | - | - | (57 %) | (921 %) | - | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 54 % | 49 % | (57 %) | (853 %) | (917 %) | (652 %) |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Binalyze provides a Digital Forensics and Incident Response (DFIR) platform designed to automate and accelerate the investigation of cybersecurity threats. The company was established in 2018 by Emre Tinaztepe, a cybersecurity veteran with over 15 years of experience in endpoint security and malware analysis at firms like Comodo and Zemana. Tinaztepe founded the company with the insight that breaches are inevitable and the key is to rapidly investigate and respond, a goal that stemmed from his background in developing anti-malware and keyboard encryption solutions.
Headquartered in Tallinn, Estonia, with a global presence that includes offices in the UK, US, and Singapore, Binalyze caters to enterprises, Managed Security Service Providers (MSSPs), and incident response providers. Its client roster includes prominent names such as Wipro, Deloitte, KPMG, Turkish Airlines, as well as various government institutions and law enforcement agencies. The company's business model centers on its subscription-based platform, AIR, which provides automated investigation and response capabilities. Since its inception, Binalyze has secured a total of $31.2 million in funding over three rounds, including a significant $19 million Series A in September 2023. This round was led by Molten Ventures and included strategic investments from Cisco Investments, Citi Ventures, and Deutsche Bank Corporate Venture Capital.
The core offering, Binalyze AIR, is an automated investigation platform that drastically reduces investigation times from days to hours. It achieves this by rapidly collecting over 350 types of forensic evidence from endpoints in under 10 minutes. The platform supports a wide range of operating systems including Windows, macOS, Linux, and ChromeOS, and operates across on-premise, cloud, and hybrid environments. Key features of AIR include remote evidence acquisition, triage capabilities to assess threats, and the creation of investigation timelines. The platform integrates seamlessly with existing security tools like SIEM, SOAR, and EDR, enhancing their capabilities by providing deep forensic visibility and automating the response to triggered alerts. A distinguishing feature is its Investigation Hub, which allows analysts to manage investigations across hundreds of devices from a single dashboard, fostering collaboration and efficiency.
Keywords: digital forensics, incident response, cybersecurity, investigation automation, threat hunting, endpoint security, enterprise forensics, SOC automation, evidence collection, cyber resilience