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§ Private Profile · Hobujaama 4, 10151, Tallinn - Estonia
Cybersecurity company developing digital forensics and incident response (DFIR) tools to automate investigations for enterprises.
Based in Tallinn, Estonia, Binalyze develops enterprise digital forensics and incident response software that automates evidence collection and rapid breach analysis across complex cloud and on-premises networks. The company licenses its primary software-as-a-service platform, Binalyze AIR, to enterprise security operations centers, managed security service providers, and government agencies globally. Its enterprise customer base features major corporate clients and global auditing firms, including recognizable multinational entities such as Wipro and Deloitte. To support its ongoing commercial expansion and product development, Binalyze has raised approximately $30.8 million in total venture capital funding, highlighted by a $19 million Series A round led by Molten Ventures with strategic participation from Cisco Investments. The growing cybersecurity firm currently operates with a dedicated workforce of over 100 employees distributed across its international offices. The organization was founded in 2018 by Emre Tinaztepe.
Binalyze has raised $31.0M across 3 funding rounds.
Binalyze has raised $31.0M in total across 3 funding rounds.
Binalyze has raised $31.0M in total across 3 funding rounds.
Binalyze's investors include Edel Coen, Creandum, Earlybird Venture Capital, Felix Capital, Scale Asia Ventures, SMOK Ventures, Y Combinator, Bartek Pucek, Chris Murphy, Christian Bach, Heini Zachariassen, Mathias Biilmann Christensen.
Binalyze has raised $31.0M across 3 funding rounds. Most recently, it raised $19.0M Series A in September 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2023 | $19M Series A | Edel Coen | Creandum, Earlybird Venture Capital, Felix Capital, Scale Asia Ventures, SMOK Ventures, Y Combinator, Bartek Pucek, Chris Murphy, Christian Bach, Heini Zachariassen, Mathias Biilmann Christensen, Cisco Investments, Citi Ventures, Deutsche Bank Ventures | Announced |
| Feb 1, 2022 | $10M Seed | — | Creandum, Earlybird Venture Capital, Felix Capital, Scale Asia Ventures, SMOK Ventures, Y Combinator, Bartek Pucek, Chris Murphy, Christian Bach, Heini Zachariassen, Mathias Biilmann Christensen | Announced |
| Feb 1, 2021 | $2M Seed | — | Creandum, Earlybird Venture Capital, Felix Capital, Scale Asia Ventures, SMOK Ventures, Y Combinator, Bartek Pucek, Chris Murphy, Christian Bach, Heini Zachariassen, Mathias Biilmann Christensen | Announced |
Binalyze is a cybersecurity company specializing in automated digital forensics and incident response (DFIR), developing the Binalyze AIR platform to accelerate investigations across endpoints, cloud, and hybrid environments.[1][2][3] AIR automates evidence collection and analysis for enterprises, MSSPs, and IR providers, reducing investigation times from days or weeks to hours by integrating with SIEM, EDR, XDR, and SOAR tools, while providing forensic-level insights powered by AI.[1][2][6] It serves SOC teams facing overworked analysts, solving the gap between detection and deep forensic response with scalable triage, threat hunting via YARA/Sigma/osquery, and tools like the free Binalyze Tornado for cloud forensics against Business Email Compromise (BEC).[2][3] The company shows strong growth momentum, evolving from a tactical tool in 2018 to collecting 500+ evidence types across platforms, positioning itself as a leader in Gartner's emerging Cloud Investigation and Response Automation (CIRA) category.[2][3]
Founded in 2018 and headquartered in Tallinn, Estonia, with offices in the UK, US, and Singapore, Binalyze was established by industry veterans from SOCs and endpoint security to revolutionize DFIR with speed and automation.[3] The journey began with IREC Tactical, an early tool collecting 43 evidence types from Windows machines, rigorously speed-tested to ensure the fastest forensic evidence gathering in the industry.[3] Key pivots included 2021's DRONE for rapid network-wide endpoint data acquisition and analysis, and by 2024, AIR expanded to 500+ evidence types across Windows, Linux, macOS, cloud, and IBM AIX in minutes.[3] These milestones reflect a progression from tactical evidence collection to a comprehensive automated platform, driven by real-world needs for faster incident response.[3]
Binalyze rides the surge in AI-enhanced cybersecurity and cloud-native threats, where detection tools fall short on forensic depth amid rising incidents like BEC and hybrid environment breaches.[1][2][5] Timing is ideal as overworked SOCs demand automation to shrink MTTR from weeks to hours, fueled by market forces like Gartner-recognized CIRA growth and the shift to proactive, forensic-driven response over reactive alerts.[2][3] It influences the ecosystem by redefining DFIR as scalable and integrated, enabling MSSPs/enterprises to operationalize forensics in live workflows, complementing EDR/XDR giants, and democratizing tools via free offerings like Tornado to combat prevalent cloud attacks.[2][4]
Binalyze is primed to claim the top spot in automated investigation platforms through relentless innovation in AI-orchestrated forensics like Fleet AI and multi-model integrations.[3][5] Upcoming trends—expanding AI safety in high-stakes IR, deeper cloud/OT visibility, and regulatory pressures for rapid compliance—will propel its growth, potentially via partnerships or acquisitions amplifying its global footprint.[1][4][5] As cyber resilience evolves from detection to automated precision, Binalyze's forensic foundation positions it to shape CIRA standards, transforming SOC burdens into strategic advantages and solidifying its pioneer status from 2018's tactical roots.[2][3]