How Much Did Binalyze OÜ Raise?
Funding & Key Investors

Binalyze OÜ has secured significant enterprise-level funding, with its total funding amount reaching $30.7M. The company recently announced a major strategic investment of $19M on September 12, 2023, underscoring its growth trajectory in the cybersecurity sector. This latest capital infusion is expected to accelerate Binalyze's mission to revolutionize automated investigation and incident response.

What is Binalyze OÜ?

Binalyze OÜ
SoftwareSecurity Software

Binalyze OÜ specializes in automated investigation and incident response solutions, offering advanced forensic analysis and rapid response capabilities through its Binalyze AIR platform. Their services are designed for Threat Hunters, Detection Engineers, and SOC teams, enabling efficient investigations and threat assessments across diverse environments. The company focuses on enhancing security outcomes by providing seamless integration with existing security tools and streamlining workflows for faster incident resolution, aiming to empower organizations worldwide with proactive security measures and forensic-level insights to combat cyber threats effectively.

How much funding has Binalyze OÜ raised?

Binalyze OÜ has raised a total of $30.7M across 3 funding rounds:

2021

Unspecified

$1.7M

2022

Unspecified

$10M

2023

Series A

$19M

Unspecified (2021): $1.7M with participation from Earlybird Digital East Fund

Unspecified (2022): $10M led by OpenOcean and Earlybird Digital East

Series A (2023): $19M supported by Draper Esprit, Earlybird, and OpenOcean

Key Investors in Binalyze OÜ

Draper Esprit

Draper Esprit is a London-based venture capital firm established in 2006, investing in high-growth technology companies with global ambitions across Europe.

Earlybird

Founded in 1997, Earlybird is a European venture capital investor focused on technology and medical sectors, headquartered in Berlin, Germany.

OpenOcean

OpenOcean is a prominent DEX Aggregator and Web 3 middleware developer in the crypto space, building a one-stop trading platform across numerous networks.

What's next for Binalyze OÜ?

With its recent Series A financing and substantial enterprise-level backing, Binalyze OÜ is poised for significant expansion. The strategic investment will likely fuel further development of its Binalyze AIR platform, enhance its market penetration in the cybersecurity incident response space, and potentially support global scaling efforts. The company's focus on empowering security teams with advanced forensic capabilities positions it for continued growth as cyber threats become more sophisticated.

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Frequently Asked Questions Regarding Binalyze OÜ Financial Insights

What are the most recent funding rounds that Binalyze OÜ has completed, and what were the funding rounds?
Binalyze OÜ has recently completed 3 funding rounds: Series A on Sep 12, 2023, Unspecified on Feb 4, 2022, Unspecified on Feb 18, 2021.
What is the total amount of funding Binalyze OÜ has raised to date?
Binalyze OÜ has raised a total of $30.7M in funding to date.
How many funding rounds has Binalyze OÜ completed?
Binalyze OÜ has completed 3 funding rounds.
How much funding did Binalyze OÜ raise in its most recent funding round?
Binalyze OÜ raised $19M in its most recent funding round.
Who are the lead investors in Binalyze OÜ's latest funding round?
The lead investor in Binalyze OÜ's latest funding round was Draper Esprit. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Binalyze OÜ's history?
The largest funding round in Binalyze OÜ's history was $19M.
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