Binalyze Raises $10.4M in Seed Funding

Binalyze

Binalyze, a Tallinn, Estonia-based the Enterprise Forensics platform which enables enterprises to respond effectively to cyber threats, raised $10.4m (€9.1m) in Seed funding.

The round, which brought total funding to date to $11.7m, was led by OpenOcean, with participation from Earlybird Digital East.

The company intends to use the funds to extend cloud-native capabilities to enhance coverage in cloud and container environments and accelerate expansion in the US, Europe, and other key global markets.  

Led by Emre Tinaztepe, CEO and founder, Binalyze provides enterprises, MSP, and Incident Response partners with an Enterprise Forensics platform to respond to cybersecurity attacks in near-real-time to minimize damage and cost to the business. The platform delivers real-time forensic visibility to the core security stack, enabling enterprises to minimize the extent of the breach and accelerate root cause analysis to ensure it cannot happen again. 

The company already has a customer roster that includes international brands and Fortune 500 companies including global banks, auditing companies, airlines, and telcos.

FinSMEs

08/02/2022