About Binary Defense Systems
Binary Defense Systems is a company based in Hudson (United States) founded in 2012.. Binary Defense Systems has raised $36 million across 1 funding round from investors including Invictus Growth Partners. Binary Defense Systems offers products and services including BDVision, Managed Detection and Response, Threat Hunting, and Digital Risk Protection. Binary Defense Systems operates in a competitive market with competitors including Palo Alto Networks, FireEye, Fortinet, IBM and Symantec, among others.
- Headquarter Hudson, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Binary Defense Systems Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36 M (USD)
in 1 rounds
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Latest Funding Round
$36 M (USD), Private Equity Round
Nov 02, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Binary Defense Systems
Binary Defense Systems offers a comprehensive portfolio of products and services, including BDVision, Managed Detection and Response, Threat Hunting, and Digital Risk Protection. 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.
Platform for ingesting and analyzing telemetry data for threat detection.
Service that increases visibility and reduces complexity in cyber threats.
Hypothesis-based method to identify and counter evasive threats.
Proactive monitoring of risks on clearnet, darknet, and social media.
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Funding Insights of Binary Defense Systems
Binary Defense Systems has successfully raised a total of $36M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $36 million completed in November 2022. 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 1
- Last Round Private Equity Round — $36.0M
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First Round
First Round
(02 Nov 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2022 | Amount | Private Equity Round - Binary Defense Systems | Valuation | Invictus Growth |
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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 |
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Investors in Binary Defense Systems
Binary Defense Systems has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Invictus Growth Partners. 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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Invictus Growth Partners is focused on empowering technology companies.
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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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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 Binary Defense Systems
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Binary Defense Systems
| 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 |
Binary Defense Systems Comparisons
Competitors of Binary Defense Systems
Binary Defense Systems 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 Palo Alto Networks, FireEye, Fortinet, IBM and Symantec, 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 |
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AI and cloud-based platforms are utilized for cybersecurity solutions.
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Provider of a platform offering a suite of cyber security solutions
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Cloud security posture management solutions are provided by the platform.
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Hybrid cloud and DevOps automation are delivered to enterprises.
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Symantec is recognized for providing enterprise cloud cybersecurity solutions.
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AI and saas based cloud security solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Binary Defense Systems
Frequently Asked Questions about Binary Defense Systems
When was Binary Defense Systems founded?
Binary Defense Systems was founded in 2012 and raised its 1st funding round 10 years after it was founded.
Where is Binary Defense Systems located?
Binary Defense Systems is headquartered in Hudson, United States.
Is Binary Defense Systems a funded company?
Binary Defense Systems is a funded company, having raised a total of $36M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $36M, raised on Nov 02, 2022.
What does Binary Defense Systems do?
Binary Defense Systems was founded in 2012 in Hudson, United States, as a managed security service provider in the cybersecurity sector. Services offered include SIEM implementation, threat intelligence, breach assessments, and threat response. An open-source project called Artillery is maintained for detecting early warning indicators and attacks. The company operates through a customized platform, with David Kennedy serving as both CEO and CTO.
Who are the top competitors of Binary Defense Systems?
Binary Defense Systems's top competitors include Fortinet, Palo Alto Networks and Imperva.
What products or services does Binary Defense Systems offer?
Binary Defense Systems offers BDVision, Managed Detection and Response, Threat Hunting, and Digital Risk Protection.
Who are Binary Defense Systems's investors?
Binary Defense Systems has 1 investor. Key investors include Invictus Growth Partners.