Binalyze, a Tallinn, Estonia-based provider of Digital Forensics and Incident Response (DFIR) solutions, raised $19M in Series A funding.
The round was led by Molten Ventures with participation from existing investors, Earlybird Digital East and OpenOcean, and new investors Cisco Investments, Citibank Ventures, and Deutsche Bank Ventures.
The company intends to use the funds to strengthen its market outreach team, further its R&D efforts by integrating Artificial Intelligence/Machine Learning (AI/ML) into incident response processes, and amplify its worldwide customer support.
Led by Emre Tinaztepe, Founder & CEO, Binalyze provides DFIR solutions offering new ways to incorporate digital forensics and incident response into the corporate security posture. Its software remotely, securely, and automatically collects more than 280+ digital forensics artifacts in a few minutes to help teams save time, reduce cybersecurity operational costs and prevent the financial and reputational losses associated with cyber attacks.
The DFIR investigation platform for cloud and on-premise assets will leverage advanced automation and integration capabilities, and collaboration features.
FinSMEs
12/09/2023