Insignary, a Seoul, Korea-based provider of binary code scanning leader, received an investment of undisclosed amount.
Management and technology consultancy BearingPoint made the investment.
The company intends to use the funds to further strengthen the current partnership and to meet the demand for its services in the EU, the US and Asia.
Founded in 2016 and led by Tae-Jin (TJ) Kang, CEO, Insignary provides a software-as-a-service (SaaS) and server-based security tool, Insignary Clarity™, which enables proactive scanning of software binaries for known, preventable security vulnerabilities, while also identifying potential license compliance issues.
Insignary Clarity uses fingerprint-based technology, which works on the binary-level without the need for source code or reverse engineering.