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Cobalt and Ellex Raidla Advise on USD 19 Million Binalyze Series A

Cobalt and Ellex Raidla Advise on USD 19 Million Binalyze Series A

Czech Republic
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Cobalt has advised Binalyze on its USD 19 million series A financing round with Molten Ventures, Cisco Investments, Citibank Ventures, and Deutsche Bank Corporate Venture Capital as well as existing investors Earlybird Digital East and OpenOcean. Ellex Raidla advised Molten Ventures on leading the round.

According to Cobalt, Binalyze is the world's fastest and most comprehensive digital forensics and incident response solution: their software remotely, securely, and automatically collects more than 280 digital forensics artifacts in under ten minutes.

"The raised investment will help Binalyze advance its mission to deliver the most comprehensive, end-to-end digital forensics and incident response investigation platform on the market for cloud and on-premises assets," the same firm announced.

Cobalt's team was led by Partner Kristel Raidla-Talur and included Specialist Counsels Greete-Kristiine Kuru and Madis Reppo.

The Ellex team included Partner Antti Perli, Counsel Rutt Vark, Senior Associates Merlin Liis-Toomela and Hanna Pahk, and Lawyers Liis Tava and Hegle Parna.

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PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

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