Real time enterprise forensics platform
For the ones they don’t know ; I am part of the Board of Advisors team at Binalyze which develops a real time forensic platform. EU Startup ‘s just supported us with €8.7 million , and showcased us in their web site. Below is the full story :
By : Patricia Allen
Enterprise forensics platform Binalyze has just raised €8.7 million in its mission to enable companies to respond more efficiently to cyber threats. The funding was led by OpenOcean with participation from Earlybird Digital East which led Binalyze’s pre-seed round last year.
Cybercrime is one of the primary concerns for enterprises in the digital age. It’s claimed that over half of large companies now deal with hundreds, if not thousands, of cybersecurity alerts every day. It’s now becoming accepted that 100% breach prevention is no longer a realistic expectation for most businesses.
Traditional digital forensic tools are slow and require technical knowledge that is in short supply – meaning it can take weeks, or even months, for an enterprise the understand the full extent of a cyber breach. Cyberthreats, though, require a speedy response. This is where Binalyze is targeting its focus – redefining how enterprises respond to cyber security breaches.
Emre Tinaztepe, CEO and founder of Binalyze said: “100% breach prevention is no longer a realistic expectation. Forensic visibility is an integral part of an investigation. Enterprises need to be prepared with the right tools to mount an effective and quick response once a suspected breach is detected.”
“Speed is of the essence. Cybercriminals work quickly once they gain access to a corporate network. Binalyze is designed to be fast, capturing the most comprehensive forensic snapshot and creating a detailed digital forensics report in less than 10 minutes. It dramatically speeds up all stages of incident response, from identification to remediation.”
Founded in 2018, Binalyze has grown quickly, with annual recurring revenue multiplying 20 times in the past year alone. It already has an impressive customer roster that includes international brands and Fortune 500 companies including global banks, auditing companies, airlines, and telcos.
The platform delivers real-time forensic visibility to the core security stack, redefining how enterprises can use forensics in real-world scenarios and helping them to minimize the extent of the breach and accelerate root cause analysis to ensure it cannot happen again.
Ekaterina Almasque, General Partner of OpenOcean said: “In today’s world, companies are facing a vast number of cybersecurity alerts, and response times are painfully slow with consequences for the business. It took 1.5 years to detect that SolarWinds attack was happening. Binalyze’s world-class team, with its highly differentiated product to detect the root cause in minutes rather than days/months – and sometimes years – is best positioned to help a fast-growing number of customers.”
The investment will enable further innovation to define the standard for next-generation Enterprise Forensic solutions. It will support the extension of Binalyze’s cloud-native capabilities to enhance coverage in cloud and container environments and enable it to continue to be the fastest and most complete Enterprise Forensics Platform on the market.
The investment will also accelerate Binalyze’s expansion in the US, Europe, and other key global markets enabling enterprises, MSP, and Incident Response partners to mount a forensic response to cybersecurity attacks in near-real-time. This minimizes damage and cost to the business.
Delivering Cyber Resilience with Enterprise Forensics
Exponential growth in the volume and velocity of attack vectors, the enterprise attack surface and the amount of data to be managed has led to an acknowledgement within enterprise cyber security that 100% breach prevention is no longer a realistic expectation.
These challenges are driving a trend towards blending traditional cyber security strategies with cyber resilience to ensure that, when a breach occurs, the organisation has the tactical tools in place for a fast and effective incident response.
Enterprise Forensics is a new category of digital forensics that is fast, remote and scalable across the corporate network and is pushing forensic readiness toward the centre of the security stack.
Binalyze is the leader and innovator in Enterprise Forensics solutions.
Our Products :
100% breach prevention is no longer a realistic expectation. This challenge is driving a trend towards blending traditional cyber security strategies with cyber resilience to ensure that, when a breach occurs, the organization has the tactical tools in place for fast and effective incident response.
Enterprise Forensics is a new category of digital forensics that is fast, remote, and scalable across the corporate network and is pushing forensic readiness toward the center of the security stack.
Binalyze is the leader and innovator in Enterprise Forensics solutions.
Binalyze DRONE is our assisted compromise assessment solution.
When deployed to an investigation, either from within AIR or as a standalone USB dongle, DRONE reviews all the available forensic evidence and returns its finding in just a few minutes, providing an ultra-fast early case assessment.
With its multi-functional and modular architecture DRONE is like having a senior DFIR analyst instantly available to review your cases, at any time of the day or night.
Binalyze TACTICAL is our standalone evidence collector for traditional DFIR situations.
Like all Binalyze products,TACTICAL is built on our proprietary IREC engine and offers the fastest and most comprehensive digital evidence collection on the market.
TACTICAL is available as a USB Dongle with a perpetual license. Looking for remote capabilities? Binalyze AIR has all the same evidence collection capabilities from a central management console
Binalyze ACQUIRE is our standalone evidence collector for traditional DFIR situations.
Like all Binalyze products, ACQUIRE is built on our proprietary IREC engine and offers the fastest and most comprehensive digital evidence collection on the market.
Forever FREE! No time limits usage. Use ACQUIRE to collect digital evidence for free as many times as you want.
Looking for remote capabilities? Binalyze AIR has all the same evidence collection capabilities from a central management console.
Innovating in Enterprise Forensics
Binalyze’s Enterprise Forensics solutions are providing innovative new ways to incorporate digital forensics into the corporate security posture. enterprise forensics platform
Meet the Team
Binalyze was founded by our CEO Emre Tinaztepe who has surrounded himself with a world-class engineering team who have worked together for the last decade.
Our highly respected and experienced board advisors bring a wealth of strategic advice and direction in support of the management team.
Former Commanding Officer of the CCIU at New York Police Department
Klaus Finke Harkonen
Former Officer at US Navy, Territory Manager at Sybase
Former Head of Cybercrime and Digital Forensics Department at General Command of Gendarmerie
Former Cybersecurity Architect at Microsoft
Former Network Architect at Cisco, CTO at Guardtime, CTO at FarSight Security
Founder & CEO
VP of Growth
VP of Engineering
About EU Startup’s
EU-Startups.com is the leading online publication with a focus on startups in Europe. The website was founded in October of 2010.
We write about internet and tech startups out of Europe and provide our readers with data-driven analysis, interviews and startup-related news. In addition to our focus on young technology companies, we also publish other kinds of news out of the tech-space that has a commercial or cultural impact on startups in Europe.
Each month, EU-Startups.com reaches an audience of more than 300,000 startup-interested and tech savvy people from across Europe. More info about our audience and regarding advertising options can be found here.
Vision/Mission: Our vision is to connect the European startup scene and to encourage entrepreneurship within Europe.
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