About Binalyze
Binalyze is a company based in Tallinn (Estonia) founded in 2010 by Emre Tinaztepe.. Binalyze has raised $31.22 million across 3 funding rounds from investors including Deutsche Bank, Cisco Investments and Molten Ventures. Binalyze offers products and services including Binalyze AIR, Binalyze Tornado, and Free Evidence Collector. Binalyze operates in a competitive market with competitors including Magnet Forensics, CipherTrace, AccessData, Cyacomb and Forensic Alpha, among others.
- Headquarter Tallinn, Estonia
- Founders Emre Tinaztepe
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Binalyze Oü
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.22 M (USD)
in 3 rounds
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Latest Funding Round
$19 M (USD), Series A
Sep 12, 2023
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Investors
Deutsche Bank
& 5 more
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Employee Count
Employee Count
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Products & Services of Binalyze
Binalyze offers a comprehensive portfolio of products and services, including Binalyze AIR, Binalyze Tornado, and Free Evidence Collector. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates cyber threat investigations and response processes
Provides tools for enterprise incident management and analysis
Enables remote data collection for forensic investigations
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Funding Insights of Binalyze
Binalyze has successfully raised a total of $31.22M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $19 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $19.0M
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First Round
First Round
(15 Feb 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series A - Binalyze | Valuation | Molten Ventures | |
| Feb, 2022 | Amount | Seed - Binalyze | Valuation | OpenOcean | |
| Feb, 2021 | Amount | Seed - Binalyze | Valuation | Earlybird |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Binalyze
Binalyze has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Deutsche Bank, Cisco Investments and Molten Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on deep tech, consumer tech, health tech, SaaS, and multiple sectors
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Founded Year | Domain | Location | |
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Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by OpenOcean venture capital fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Binalyze
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Binalyze
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Binalyze Comparisons
Competitors of Binalyze
Binalyze operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Magnet Forensics, CipherTrace, AccessData, Cyacomb and Forensic Alpha, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital forensic software is developed for law enforcement and enterprises.
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| domain | founded_year | HQ Location |
Forensics and investigation tools for cryptocurrencies
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| domain | founded_year | HQ Location |
Digital forensics, e-discovery, and incident response solutions are provided.
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| domain | founded_year | HQ Location |
Digital forensics software is provided to support police forces.
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| domain | founded_year | HQ Location |
AI-based forensic accounting reports are generated for investment decisions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Binalyze
Frequently Asked Questions about Binalyze
When was Binalyze founded?
Binalyze was founded in 2010 and raised its 1st funding round 11 years after it was founded.
Where is Binalyze located?
Binalyze is headquartered in Tallinn, Estonia.
Who is the current CEO of Binalyze?
Emre Tinaztepe is the current CEO of Binalyze. They have also founded this company.
Is Binalyze a funded company?
Binalyze is a funded company, having raised a total of $31.22M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.82M, raised on Feb 15, 2021.
What does Binalyze do?
Binalyze was founded in 2010 in Tallinn, Estonia, within the cybersecurity sector. An automated platform for digital forensics and incident response is offered, supporting threat hunting, alert validation, and triage processes. Remote evidence collection and analysis are enabled across multiple operating systems. Integrations with security information and event management systems, endpoint detection and response tools, and security orchestration, automation, and response frameworks are provided to enhance operational efficiency.
Who are the top competitors of Binalyze?
Binalyze's top competitors include CipherTrace, Cyacomb and Magnet Forensics.
What products or services does Binalyze offer?
Binalyze offers Binalyze AIR, Binalyze Tornado, and Free Evidence Collector.
Who are Binalyze's investors?
Binalyze has 6 investors. Key investors include Deutsche Bank, Cisco Investments, Molten Ventures, Earlybird, and OpenOcean.
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