About BinaryEdge
BinaryEdge is a company based in Zurich (Switzerland) founded in 2015 was acquired by Coalition in January 2020.. BinaryEdge has raised $19.93 thousand across 1 funding round from investors including Coalition and CyLon. BinaryEdge operates in a competitive market with competitors including Coalfire, Tripwire, XM Cyber, FireMon and Axio Global, among others.
- Headquarter Zurich, Switzerland
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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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Funding Insights of BinaryEdge
BinaryEdge has successfully raised a total of $19.93K through 1 strategic funding round. The most recent funding activity was a Seed round of $19.93 thousand completed in March 2019. 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 Seed — $19,928
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First Round
First Round
(18 Mar 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2019 | Amount | Seed - BinaryEdge | Valuation | CyLon |
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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 |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in BinaryEdge
BinaryEdge has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Coalition and CyLon. 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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Startup accelerator
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Online property and casualty insurance is provided for businesses.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by BinaryEdge
| 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 - BinaryEdge
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Binaryedge Comparisons
Competitors of BinaryEdge
BinaryEdge 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 Coalfire, Tripwire, XM Cyber, FireMon and Axio Global, 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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| domain | founded_year | HQ Location |
IT security governance, risk, and compliance solutions are provided.
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Cybersecurity solutions are provided for integrity and compliance management.
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Cyber risk and vulnerability assessments are provided for enterprises.
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Vulnerability assessment and management solutions for networks are provided.
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| domain | founded_year | HQ Location |
Cyber risk management, mitigation, and insurance solutions are provided.
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| domain | founded_year | HQ Location |
Provides solutions for third party, supply chain and enterprise risk management
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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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Binaryedge
Frequently Asked Questions about BinaryEdge
When was BinaryEdge founded?
BinaryEdge was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is BinaryEdge located?
BinaryEdge is headquartered in Zurich, Switzerland.
Is BinaryEdge a funded company?
BinaryEdge is a funded company, having raised a total of $19.93K across 1 funding round to date. The company's 1st funding round was a Seed of $19.93K, raised on Mar 18, 2019.
What does BinaryEdge do?
BinaryEdge was founded in 2015 in Zurich, Switzerland, operating in the cybersecurity sector. Vulnerability assessment solutions are provided to enterprises, where infrastructure data is gathered and correlated with vulnerability feeds using machine learning. Notifications, alerting, and reporting features are included by extracting data from networked devices and services, integrated with security tools. Agile pentesting during software development and consulting for secure architecture design are also offered through security engineering.
Who are the top competitors of BinaryEdge?
BinaryEdge's top competitors include Coalfire, Tripwire and Axio Global.
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