What is Binarly?
Binarly operates at the forefront of cybersecurity, offering a Transparency Platform designed to provide deep visibility into firmware and software supply chain risks. The company excels in advanced binary risk intelligence, adeptly detecting known vulnerabilities and identifying entire classes of undisclosed defects across software, firmware, and containerized environments. By leveraging decades of research into advanced malware and vulnerability detection, Binarly empowers organizations to proactively manage risks, ensure regulatory compliance, and fortify their software supply chain security. Their solutions are critical for enterprises navigating the complexities of modern digital infrastructure and the evolving threat landscape.
How much funding has Binarly raised?
Binarly has raised a total of $14.1M across 2 funding rounds:
Angel/Seed
$3.6M
Angel/Seed
$10.5M
Angel/Seed (2022): $3.6M with participation from WestWave Capital and Acrobator Ventures
Angel/Seed (2024): $10.5M led by Liquid 2 Ventures, Two Bear Capital, and WestWave Capital
Key Investors in Binarly
Liquid 2 Ventures
Liquid 2 Ventures is an investment firm that supports exceptional founders in building lasting companies through experience, community, and capital. They focus on early-stage investments, particularly in the pre-seed and seed stages, and provide access to a vast network of insiders and proven operators.
Two Bear Capital
Two Bear Capital is an investment firm that focuses on supporting founders with innovative solutions to urgent, complex challenges in the life sciences and technology sectors. The company operates in innovation-driven locations such as Menlo Park, New York, San Diego, Boston, and Whitefish, Montana.
WestWave Capital
WestWave Capital is a seed stage venture capital firm that invests in deep-tech founders, focusing on AI-native enterprise software, cybersecurity, and cloud infrastructure. With a proven track record of over 70 portfolio companies and more than 15 successful exits, they back innovative companies at their inception.
What's next for Binarly?
The recent major strategic investment positions Binarly for accelerated growth and expanded market penetration in the critical domain of firmware and supply chain security. With a focus on research-driven innovation and a platform that addresses complex, undisclosed vulnerabilities, the company is poised to enhance its offerings and solidify its leadership. Future developments are likely to involve scaling its operational capabilities, expanding its threat intelligence network, and forging deeper partnerships within the enterprise cybersecurity ecosystem. This strategic financing will fuel Binarly's mission to build trust and security into the digital supply chain.
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