Binalyze
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| Private | |
| ISIN | 🆔 |
| Industry | Cybersecurity, Digital Forensics, Incident Response |
| Founded 📆 | 2018 |
| Founder 👔 | Emre Tinaztepe |
| Headquarters 🏙️ | , Estonia |
Area served 🗺️ | Global |
| Products 📟 | Digital forensics software and solutions |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Binalyze is a company specializing in cybersecurity, specifically digital forensics and incident response. It offers a software platform solution that caters to the increasing demand for advanced digital investigation as a result of evolving cyber threats.
History[edit]
The name "Binalyze" is a portmanteau of the words "binary" and "analyze."
Binalyze was founded in 2018 by Emre Tinaztepe. Prior to starting Binalyze, Emre had worked as a malware analyst and team lead at global cyber security companies such as Comodo and Zemana, developing anti-malware solutions.
The company remained in stealth mode during its first three years of operation, focusing on developing its software platform. Binalyze received a significant investment (2nd round) in February 2022, bringing the total funding to $11.7 million. The funding round was led by European venture capital firm OpenOcean, with participation from Earlybird Digital East, which had led Binalyze’s pre-seed round in 2021 (first funding round).
In September 2023, Binalyze announced it had raised a $19M Series A round of funding. Molten Ventures led this round, with participation from existing investors Earlybird Digital East and OpenOcean, and new strategic investors Cisco Investments, Citi Ventures, and Deutsche Bank Corporate Venture Capital.
Products and Services[edit]
Binalyze offers a digital forensics platform named AIR (Automated Incident Response), serving enterprises, government agencies, MSSPs, and individual professionals. The company aims to simplify and expedite the digital forensics process with advanced features and constant software iteration. AIR enables users to quickly gather, analyze, and report on digital evidence.
Features include:
- Rapid Acquisition: The AIR platform gathers data swiftly from various sources, aiding investigators in evidence capture.
- Deep Analysis: Advanced algorithms and techniques provide deep insights into collected data, revealing hidden patterns and connections.
- User-friendly Interface: AIR is designed for both experts and non-experts, with intuitive interfaces facilitating the investigative process.
- Collaborative Tools: Solutions that enable SOC teams or Incident Responders to collaborate on investigations, sharing data and findings effectively.
Impact and Recognition[edit]
Binalyze has gained recognition for its innovative AIR solution and commitment to advancing digital investigations, attributed to automation, cross-platform support, and advanced remote collection capabilities. The company has been featured in various publications and at conferences related to cybersecurity and digital forensics.
References[edit]
Wiggers, Kyle “Digital forensics firm Binalyze raises $19M to investigate cyber threats”. TechCrunch. 13 September 2023.
Metingil, Nurcin "Estonian startup grabs $19M Series A to enhance cybersecurity solutions". Artic Startup. 12 September 2023.
Dumasia, Joy “Binalyze announces securing $10m in a seed funding round” IBS Intelligence. 7 February 2022.
See Also[edit]
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