Unifund invests in cyber security startup company Binare.io

Unifund Ltd, the investment company of the Ģֱ, has completed an early stage investment in cyber security company Binare.io, marking thus the first external investment for the startup company.
Binaren bisnesala, esineiden Internet (IoT), lupaa suuria mahdollisuuksia monine verkkoon liitettyine laitteineen ja datamäärineen.
Published
5.8.2020





Binare.io’s origins go back to technology commercialisation funding by and the Ģֱ. Binare.io develops innovative automated (I)IoT cyber security solutions for devices and firmware, and provides comprehensive cyber security services to its customers such as consulting, advisory and customizations.

Its founding team, represented by (CEO) and (CTO), brings top international cyber security expertise and professional experience from research and development, innovation and training to enterprises, research labs and universities.

The Internet of Things (IoT) – whether as Industrial IoT (IIoT), SmartCities, SmartCars, Automotive IoT, Medical IoT, SmartHomes, or just IoT prototypes – promises big opportunities with connected devices of all sorts, and zettabytes of processed data.

Implementing security for (I)IoT embedded devices is proven to be difficult and with constant business demands for more features and faster release schedules it is only getting worse.

Binare.io is poised to radically change all that, as CEO Dr. Andrei Costin underlines in the company’s core mission: Help secure the Internet of Things world for a safer future for everyone.

Binare.io’s vision says: “Security automation is the key to help secure billions of devices across the globe; security automation by our visionary and world-leading experts is even better.”

CEO of Unifund, Vesa Kupari, emphasises the expertise of the founding team and close connections to top cyber security research at the Ģֱ. Unifund is committed to contribute to Binare.io’s growth and success through board expertise and wide business, investment and expert networks.

For investor inquiries and further information:

Andrei Costin, CEO, BINARE Oy, +358 40 805 5150, info@binare.io

Vesa Kupari, CEO, Unifund Ltd, +358 400 616 940, vesa.kupari@jyu.fi, jyu.fi/unifund