2 years ago

Binalyze Raises $19 Million to Expand Digital Forensics Platform

  • Binalyze, a London-based startup building a toolset for digital forensics and incident response, has raised $19 million in a Series A round led by Molten Ventures

  • The funding will be used to "react to market conditions effectively" and "continue to rapidly scale." Binalyze's product collects different types of digital forensics evidence across clouds, network assets, and devices

  • The evidence is then moved to triaging tools that can assist with remediation by automatically analyzing the data

  • Binalyze is differentiated from existing solutions because it focuses on investigation and collaboration instead of blocking and monitoring

  • The company is seeing strong demand for its products, as the market for digital forensics tools is expected to grow to $10.82 billion by 2028.

      • ProblemTechnology

      "Investigating cyber threats is a complex and time-consuming process, often requiring specialized expertise and tools that are not readily available to all organizations."

      Solution

      "Binalyze offers a cloud-based digital forensics and incident response platform that simplifies and accelerates cyber threat investigations, making them accessible to a wider range of users and organizations."

      Covered on