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Binary Defense

Binary Defense

Private
Stow, OhioCybersecurityhttps://binarydefense.com

Last Round

Growth Equity

Nov 2, 2022

Total Funding Raised

$36M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Binary Defense is a managed security services provider (MSSP) that offers a range of cybersecurity solutions to businesses. The company's services include Managed Detection and Response (MDR), Security Information and Event Management (SIEM), threat hunting, digital risk protection, and incident response. Founded in 2014, Binary Defense utilizes a human-driven, technology-assisted approach, operating a 24/7 Security Operations Center (SOC) to monitor, detect, and respond to cyberattacks. The company has developed proprietary technologies, including a patent-pending attack disruption technology, and partners with major platforms like Palo Alto Networks. It is a privately held, private equity-backed company that aims to act as a security force multiplier and a trusted extension of its clients' teams.

Sector

Cybersecurity

Verticals

SIEM, Threat Intelligence, Incident Response, Endpoint Security, Cloud Security

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

managed detection and responseMDRSOC-as-a-Servicemanaged security services providerMSSPco-managed SIEMthreat huntingincident responsethreat intelligenceSIEMsecurity operations platformcybersecurity servicesendpoint securitycloud securitynetwork securitydigital risk protectionphishing response

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Binary Defense Comparables

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Binary Defense comparables — related companies by embedding similarity
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Binary Defense Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Growth EquityNov 2, 2022

Key People

Founding team and executive leadership

Kris Wayman

Field CTO

Executive Team

Mike Hofherr

CFO

Executive Team

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 24, 2026

    Monthly visitors increased 44% MoM.

  • Mar 12, 2026

    Announced NightBeacon, an AI-powered security operations platform.

Recent news

Latest coverage and updates

  • hiresSep 8, 2026

    Binary Defense names Dr. Aaron Estes Chief Product Officer in Ohio on Sep 8th '26, promoting him from Vice President of Product to lead its AI product strategy and develop its agentic SOC vision.

  • promotesSep 8, 2026

    Binary Defense promotes Dr. Aaron Estes from Vice President of Product to Chief Product Officer on Sep 8th '26 in Ohio, where he drives the company’s AI-powered security operations product strategy.

Binary Defense Filings

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Binary Defense filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Binary Defense's valuation, stock price, and market status.

Is Binary Defense a public or private company?

Binary Defense is a private company.

What is the current stock price of Binary Defense?

Binary Defense is a private company, so its shares have no public market price. Caplight tracks Binary Defense's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Binary Defense worth (valuation)?

Valuation information for Binary Defense is not publicly available.

Can I buy Binary Defense stock?

Binary Defense shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Binary Defense's last funding round?

Binary Defense's most recent funding round was Growth Equity on November 2, 2022.

Who are the main investors in Binary Defense?

Investor information for Binary Defense is not publicly disclosed.

Will Binary Defense IPO soon?

No public IPO plans have been announced for Binary Defense.

How can I track Binary Defense secondary market activity?

Caplight tracks bids, offers, and trades in Binary Defense's shares on secondary markets.

Firmographic Details

HeadquartersStow, Ohio
Employee Range140
Year Founded2014
Last FundingNov 2, 2022

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