What is Binarly?
Binarly specializes in firmware security and supply chain risk management through its Transparency Platform, which provides visibility into threats and remediation recommendations. The company focuses on advanced binary risk intelligence, detecting known vulnerabilities and identifying entire classes of undisclosed defects across software, firmware, and containers. Binarly's solutions are designed for organizations looking to proactively manage vulnerabilities, ensure compliance, and enhance their software supply chain security. With a research-driven approach, Binarly leverages decades of experience in uncovering advanced malware threats and vulnerabilities, positioning itself as a vital component in the cybersecurity ecosystem for enterprises that require deep-level visibility into their digital assets.
How much funding has Binarly raised?
Binarly has raised a total of $14.1M across 2 funding rounds:
Angel/Seed
$3.6M
Angel/Seed
$10.5M
Angel/Seed (2022): $3.6M with participation from Acrobator Ventures and WestWave Capital
Angel/Seed (2024): $10.5M led by WestWave Capital, Liquid 2 Ventures, and Two Bear Capital
Key Investors in Binarly
WestWave Capital
WestWave Capital is a seed stage venture capital firm that invests in deep-tech founders, focusing on AI-native enterprise software, cybersecurity, and cloud infrastructure.
Liquid 2 Ventures
Liquid 2 Ventures is an investment firm that supports exceptional founders in building lasting companies through experience, community, and capital, focusing on early-stage opportunities.
Two Bear Capital
Two Bear Capital is an investment firm that focuses on supporting founders with innovative solutions to urgent, complex challenges in the life sciences and technology sectors.
What's next for Binarly?
With this major enterprise-level funding, Binarly is well-positioned to accelerate its product roadmap and expand its market reach. The strategic capital will likely be deployed to enhance the capabilities of its Transparency Platform, specifically focusing on scaling its automated remediation features and deepening its research into emerging firmware-level threats. As organizations face mounting pressure to comply with stringent software supply chain security standards, Binarly's ability to provide actionable intelligence will be a key differentiator. The company is expected to focus on strengthening its enterprise sales motion and fostering deeper integrations within the cloud infrastructure and cybersecurity sectors, ensuring that its binary risk intelligence remains at the forefront of the industry's defense against sophisticated, persistent threats.
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