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Binalyze

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Specializes in Investigation and Response Automation for cybersecurity, offering tools like Timeline, Triage, and Drone to expedite incident response investigations and reduce dwell time

Tallinn, EstoniaFounded 2010Cybersecurity
Valuation $100–250M Last recorded · 2023
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Binalyze and the history behind them.

About Binalyze

Binalyze provides a Digital Forensics and Incident Response (DFIR) platform designed to automate and accelerate the investigation of cybersecurity threats. The company was established in 2018 by Emre Tinaztepe, a cybersecurity veteran with over 15 years of experience in endpoint security and malware analysis at firms like Comodo and Zemana. Tinaztepe founded the company with the insight that breaches are inevitable and the key is to rapidly investigate and respond, a goal that stemmed from his background in developing anti-malware and keyboard encryption solutions.

Headquartered in Tallinn, Estonia, with a global presence that includes offices in the UK, US, and Singapore, Binalyze caters to enterprises, Managed Security Service Providers (MSSPs), and incident response providers. Its client roster includes prominent names such as Wipro, Deloitte, KPMG, Turkish Airlines, as well as various government institutions and law enforcement agencies. The company's business model centers on its subscription-based platform, AIR, which provides automated investigation and response capabilities. Since its inception, Binalyze has secured a total of $31.2 million in funding over three rounds, including a significant $19 million Series A in September 2023. This round was led by Molten Ventures and included strategic investments from Cisco Investments, Citi Ventures, and Deutsche Bank Corporate Venture Capital.

The core offering, Binalyze AIR, is an automated investigation platform that drastically reduces investigation times from days to hours. It achieves this by rapidly collecting over 350 types of forensic evidence from endpoints in under 10 minutes. The platform supports a wide range of operating systems including Windows, macOS, Linux, and ChromeOS, and operates across on-premise, cloud, and hybrid environments. Key features of AIR include remote evidence acquisition, triage capabilities to assess threats, and the creation of investigation timelines. The platform integrates seamlessly with existing security tools like SIEM, SOAR, and EDR, enhancing their capabilities by providing deep forensic visibility and automating the response to triggered alerts. A distinguishing feature is its Investigation Hub, which allows analysts to manage investigations across hundreds of devices from a single dashboard, fostering collaboration and efficiency.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2010
Headquarters
Tallinn, Estonia
Employees
93
Open positions
5
Dealroom signal
87.4/100
Industry
Security, Enterprise Software
Sector
Cybersecurity, Startup Estonia, ef tough tech maybe, uk is8 digital and technologies
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Sep 2023 $19M $76M Deutsche Venture Capital · Bek Ventures · Citi Ventures · Cisco Investments ↗
SERIES A✓Equity / VC Feb 2022 $9.6M $38M Bek Ventures · OpenOcean ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Binalyze website traffic

Latest recorded traffic for Binalyze is 4.2K monthly website visits, down 65% over the last three months. Binalyze's team grew 27.4% over the past year.

Latest monthly visits4.2K 3-month web change-65% 1-year team growth+27.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Bek Ventures

Series A6 investors entered at this stage

  • OpenOcean
  • Molten Ventures
  • Deutsche Venture Capital
  • Citi Ventures
  • Cisco Investments
  • OpenOcean VC

Other known investors3 additional known investors

  • Dan Lupu
  • Deutsche Bank Ventures
  • Mehmed Atici
Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
10 countries with
team presence
🇹🇷 Turkey32.5%
🇬🇧 United Kingdom22.9%
🇪🇪 Estonia13.3%
🇺🇸 United States12.1%
🇩🇪 Germany4.8%
Top 5 of 10 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Binalyze on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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