Binary Defense Systems - About the company
Binary Defense Systems is a late stage company based in Hudson (United States), founded in 2012 by David Kennedy. It operates as a Cybersecurity solutions: Managed detection, response, threat hunting, and digital risk protection. Binary Defense Systems has raised $36M in funding from Invictus Growth. The company has 625 active competitors, including 56 funded and 47 that have exited. Its top competitors include companies like Cisco, Rapid7 and Imperva.
Company Details
Cybersecurity solutions: Managed detection, response, threat hunting, and digital risk protection. The company offers a comprehensive platform and services designed to accelerate security operations. They provide services like managed detection and response with round-the-clock vigilance, proactive threat hunting, digital risk protection, phishing response, and co-management. They cater to various industries, including education, energy, finance, healthcare, manufacturing, retail, and technology. Their solutions focus on securing endpoints, identities, email, cloud environments, and networks. They also help maximize investments in security tools. The company emphasizes a human-first approach to cybersecurity, offering real action and partnership to defend businesses against evolving cyber threats. They provide visibility, threat intelligence, and strategic recommendations for remediation.
- Website
- binarydefense.com
- Social
- Registered Address
- Stow, Ohio
Key Metrics
Founded Year
2012
Location
Hudson, United States
Stage
Late Stage
Total Funding
$36M in 1 round
Latest Funding Round
Investors
Ranked
50th among 625 active competitors
Employee Count
180 as on Aug 31, 2026
Legal entities associated with Binary Defense Systems
Binary Defense Systems is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
BINARY DEFENSE SYSTEMS LLC CIN: 465606510 , United States, Active | Dec 26, 999 | - | 189 (As on Dec 31, 2023) | - |
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Binary Defense Systems's funding and investors
Binary Defense Systems has raised a total funding of $36M over 1 round. Its latest funding round was a PE round on Nov 02, 2022 for $*****. 1 investor participated in its latest round. Binary Defense Systems has 1 institutional investor.
Here is the list of recent funding rounds of Binary Defense Systems:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 02, 2022 | 3011601 | PE | 5128243 | 2921151 | 8790491 | 2567483 |
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Binary Defense Systems' founders and board of directors
Founder? Claim ProfileThe founders of Binary Defense Systems is David Kennedy.
Here are the details of Binary Defense Systems' key team members:
- David Kennedy: Co-Founder & CTO of Binary Defense Systems and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of Binary Defense Systems's Founder profiles and Board Members
Binary Defense Systems' employee count trend
Binary Defense Systems has 180 employees as of Aug 26. Here is Binary Defense Systems's employee count trend over the years:
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Binary Defense Systems's Competitors and alternates
Top competitors of Binary Defense Systems include Cisco, Rapid7 and Imperva. Here is the list of Top 10 competitors of Binary Defense Systems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Cisco 1984, San Jose (United States), Public | Provider of AI infrastructure, secure networking, and software solutions | $2.5M | 83/100 | |
2nd |  Rapid7 2000, Boston (United States), Public | Provider of cybersecurity solutions for exposure management, threat intelligence, and response | $92.3M | 77/100 | |
3rd | Imperva 2002, Redwood City (United States), Acquired | Provider of application and data security solutions for threat protection | $54M | 77/100 | |
4th | Bitdefender 2001, Bucharest (Romania), Series B | Provider of cybersecurity software, threat intelligence, and managed security services | $7M | 73/100 | |
5th |  Barracuda 2003, Campbell (United States), Acquired | Cloud based network firewall solution for enterprise web and email | $176M | 73/100 | |
6th | ZeroFOX 2013, Baltimore (United States), Acquired | Provider of digital risk protection, threat intelligence, and attack surface management | $154M | 72/100 | |
7th | Coro Cybersecurity 2014, Chicago (United States), Series D | Threat detection and prevention solution over wifi and cellular networks | $275M | 72/100 | |
8th |  Quest Software 1987, Aliso Viejo (United States), Acquired | Provider of data management, cybersecurity, and platform modernization solutions for enterprises | $11.5M | 72/100 | |
9th | Dell Technologies 1998, Round Rock (United States), Funding Raised | Provider of a suite of cyber security solutions | - | 70/100 | |
10th | Sophos 1985, Abingdon (United Kingdom), Acquired | Provider of enterprise security suite for network and endpoint security | $4.61M | 70/100 | |
50th | Binary Defense Systems 2012, Hudson (United States), Late Stage | Cybersecurity solutions: Managed detection, response, threat hunting, and digital risk protection | $36M | 43/100 |
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Binary Defense Systems's Investments and acquisitions
Binary Defense Systems has made no investments or acquisitions yet.
Reports related to Binary Defense Systems
Here is the latest report on Binary Defense Systems's sector:
News related to Binary Defense Systems
Filter this listMedia has covered Binary Defense Systems for a total of 8 events in the last 1 year, 5 of them have been about people movement and 2 about partnerships.
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Binary Defense Names Dr. Aaron Estes Chief Product Officer to Drive the Future of AI-Powered Security OperationsPRWeb•Sep 08, 2026•Binary Defense Systems
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Executive Changes: Binary Defense Appoints Rafal Los as Chief Strategy Officerintelligence360•Aug 18, 2026•Binary Defense Systems
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Binary Defense Appoints Cybersecurity Veteran Rafal Los as Chief Strategy OfficerCIO Influence•Jul 28, 2026•Binary Defense Systems
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Binary Defense ARC Labs to Host ThreatTalk on AI’s Role in the Cybersecurity Arms RaceBusiness Wire•Jun 15, 2026•Binary Defense Systems
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Binary Defense Founder Dave Kennedy Assumes CEO Role to Lead Agentic AI Security Operations EraCIO Influence•May 14, 2026•Binary Defense Systems
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Binary Defense Launches NightBeacon, an AI-Driven SOC Platform Built for the Speed of Modern CyberattacksBusiness Wire•Mar 12, 2026•Binary Defense Systems
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Binary Defense Appoints Dr. Aaron Estes as Vice President of ProductBusiness Wire•Nov 04, 2025•Binary Defense Systems
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Climb Channel Solutions Partners With Binary Defense for MDR SolutionsGlobeNewswire•Oct 01, 2025•Climb Channel Solutions, Binary Defense Systems
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Secure Content Technologies & Binary Defense Announce Strategic PartnershipNewswire•Jul 17, 2025•SCT, Binary Defense Systems
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Binary Defense Recognized in New Managed Detection and Response Report by Leading Independent Research FirmBusiness Wire•Oct 08, 2024•Binary Defense Systems
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