Binpress is a company.
Binpress has raised $1.0M across 1 funding round.
Key people at Binpress.
Binpress was founded by Adam Benayoun (Co-founder and CEO at Binpress).
Binpress has raised $1.0M in total across 1 funding round.
Binpress was founded by Adam Benayoun (Co-founder and CEO at Binpress).
Binpress has raised $1.0M in total across 1 funding round.
Binpress's investors include 500 Startups, Bessemer Venture Partners, Brainchild, Conversion Capital, DST Global, Founders Fund, Learn Capital, Locus Ventures, Maverick Capital, Merian Ventures, Norwest Venture Partners, Otherwise Fund.
Binpress was a startup that operated as a marketplace connecting developers of commercial open-source projects with customers seeking innovative software solutions, essentially enabling developers to monetize their open-source work.[1][3] It started as a source code marketplace and evolved to offer services like a "Shopify for digital products" with GitHub integrations, helping developers build businesses around open-source projects; the company was acquired by CodersClan in 2016 and subsequently shut down.[1][3][5] Bootstrapped and profitable early on, it joined the 500 Startups accelerator in 2013, serving developers and buyers in the software ecosystem before its exit.[7]
Founded around 2010-2011 in Mountain View, CA, Binpress was led by CEO Adam Benayoun, with Eran Galperin also noted as a founder in some records.[1][2] The idea emerged to create a platform for developers to sell and commercialize open-source projects, addressing the gap between free code availability and monetization opportunities.[3] Early traction came from bootstrapping to profitability before accelerating via 500 Startups in summer 2013, a pivotal moment that highlighted its momentum in the developer tools space.[7] This humanized story of developer empowerment led to its acquisition by CodersClan in 2016.[1][5]
(Note: A separate, unrelated "binPress" entity launched in 2018 as a New York-based content hub for entrepreneurs focusing on AI, hosting, and marketing, but this differs from the original tech marketplace.[4])
Binpress rode the early 2010s open-source boom, where GitHub's rise amplified code sharing but lacked easy commercialization paths, timing perfectly with developer economy growth.[3] Market forces like accelerating software adoption and the need for quick, customizable solutions favored its model, influencing the startup ecosystem by pioneering monetization tools that inspired later platforms like GitHub Marketplace.[3][7] It contributed to democratizing software sales, empowering indie developers amid VC-fueled accelerators like 500 Startups, though its acquisition and shutdown reflect consolidation trends in dev tools.[1][5]
As an acquired and defunct entity, Binpress's legacy endures in modern dev marketplaces, but no active operations remain post-2016 shutdown.[1][5] Trends like AI-driven code generation and no-code tools may evolve its original vision, potentially reviving via successors in a maturing $100B+ developer platform market. Its influence could grow indirectly as open-source monetization matures, tying back to its core hook: transforming free code into developer businesses.
Key people at Binpress.
Binpress has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in September 2013.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2013 | $1.0M Seed | 500 Startups, Bessemer Venture Partners, Brainchild, Conversion Capital, DST Global, Founders Fund, Learn Capital, Locus Ventures, Maverick Capital, Merian Ventures, Norwest Venture Partners, Otherwise Fund, Practical Venture Capital, Results Junkies, Revolution, Scrum Ventures, Silicon Valley Connect, Tensility Venture Partners, Thayer Ventures, Union Square Ventures, Webb Investment Network, Y Combinator, Andrej Henkler, Clark Landry, Esther Dyson, Joshua Schachter, Lisa Gansky, Sam Altman |
