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Binarly - About the company

Binarly is a seed company based in Pasadena (United States), founded in 2021. It operates as a Provider of firmware security solutions. Binarly has raised $14.1M in funding from Two Bear Capital. The company has 177 active competitors, including 52 funded and 13 that have exited. Its top competitors include companies like Eclypsium, Outpost24 and Claroty.

Company Details

Provider of firmware security solutions. It performs in depth introspection of firmware and uses proprietary machine learning and code analysis techniques to find known and unknown threats and vulnerabilities. It is purpose built to find threats deep down at the firmware level.
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Key Metrics
Founded Year
2021
Location
Pasadena, United States
Stage
Seed
Total Funding
$14.1M in 2 rounds
Latest Funding Round
Ranked
Employee Count
43 as on Aug 31, 2026
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Binarly's funding and investors

Binarly has raised a total funding of $14.1M over 2 rounds. Its first funding round was on Jun 22, 2022. Its latest funding round was a Seed round on Mar 26, 2024 for $*****. 7 investors participated in its latest round. Binarly has 9 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Binarly:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 26, 2024
2725483
Seed
1340375
9792157
5031187
1126383
Jun 22, 2022
3033064
Seed
4275436
7270566
1395570
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Binarly's founders and board of directors

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Binarly's employee count trend

Binarly has 43 employees as of Aug 26. Here is Binarly's employee count trend over the years:
Employee count trend for Binarly
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Binarly's Competitors and alternates

Top competitors of Binarly include Eclypsium, Outpost24 and Claroty. Here is the list of Top 10 competitors of Binarly, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Eclypsium
Eclypsium
2017, San Francisco (United States), Series C
Provider of supply chain security platform for IT infrastructure components
$132M
63/100
2nd
Logo for Outpost24
Outpost24
2000, Karlskrona (Sweden), Acquired
Provider of cyber risk management and application security solutions and services
$23.8M
63/100
3rd
Logo for Claroty
Claroty
2015, New York (United States), Series F
Provider of cyber-physical system security solutions for industrial and commercial sectors
$882M
60/100
4th
Logo for Exein
Exein
2018, Rome (Italy), Series C
Provider of AI-powered cybersecurity solutions embedded directly into device firmware
$225M
59/100
5th
Logo for Shift5
Shift5
2018, Arlington (United States), Series C
Platform for intrusion detection and prevention
$180M
59/100
6th
Logo for NetRise
NetRise
2020, Austin (United States), Acquired
Provider of software supply chain security solutions analyzing compiled binary code
$24.8M
59/100
7th
Logo for Tosibox
Tosibox
2011, Oulu (Finland), Series A
Provider of network and device security solutions for IoT applications
$2.59M
58/100
8th
Logo for Secure-IC
Secure-IC
2010, Cesson Sevigne (France), Acquired
Provider of cybersecurity solutions for embedded systems and connected objects
$22.7M
58/100
9th
Logo for Cybeats
Cybeats
2016, Toronto (Canada), Public
Provider of a cybersecurity platform for IoT devices
$3M
57/100
10th
Logo for Finite State
Finite State
2017, Columbus (United States), Series B
Provider of a cyber threat detection and vulnerability assessment platform
$69.5M
57/100
13th
Logo for Binarly
Binarly
2021, Pasadena (United States), Seed
Provider of firmware security solutions
$14.1M
55/100
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Binarly's Investments and acquisitions

Binarly has made no investments or acquisitions yet.

Reports related to Binarly

Here is the latest report on Binarly's sector:

News related to Binarly

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Media has covered Binarly for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.
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