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Invictus Growth Partners led a $36m funding round in Binary Defense.

Synopsis

Invictus Growth Partners, a growth equity and buyout firm, led a $36m funding round in Binary Defense, a managed detection and response provider and software developer. “We are at a unique crossroads in security where the massive market opportunity is converging with Binary Defense’s expertise in technology development and MDR service delivery. We have built a best-of-the-best leadership team with each member tallying decades of cyber experience. I am excited for the backing and knowledge of the Invictus team, who found us with their own machine learning platform, as we expand our brand awareness and demonstrate our proven cyber defense practice to security leaders across the country,” Bob Meindl, Binary Defense CEO.

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