Companies · Other Technology

BINA Technologies Inc.

REDWOOD CITY · Other Technology

Diligence memoA one-page analyst read on BINA Technologies Inc. — recommendation, valuation, rhythm, risks.
$6.6M
Total raised · real
3
Rounds
3.5×
Latest step-up
Top 36%
Sector rank · raised
Series A
Latest stage · inferred · Wed Mar 06 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

BINA Technologies Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.77× the median modeled value of Series A Other Technology companies in 2013–2015 (789 peers) — value vs value, same stage and era.
  • Within the normal band (77% of peer median) for its niche.
Dormant
  • Last raise 13.3 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

BINA Technologies Inc. is one of 21302 Other Technology companies tracked from REDWOOD CITY. By capital raised it ranks mid-pack (ahead of 65% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$50M$100M$150M$200MSeed · 2011-04-08 Raised $1.1M (real) Modeled valuation $37M (est)$1.1M$37MSeed2011Seed · 2012-03-16 Raised $1.2M (real) Modeled valuation $41M (est)$1.2M$41MSeed2012Series A · 2013-03-06 Raised $4.3M (real) Modeled valuation $118M (est)$4.3M$118MSeries A2013+$1.2M+$4.3MCumulative $6.6M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.1M · 2011
Seed extension$1.2M · 2012
Series A$4.3M · 2013

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$117.9M
Base estimate est.
$5.7M
Conservative case
$641.0M
Upside case
$19.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $37.5M · 2011-04-082011Seed · modeled $41.0M · 2012-03-16Series A · modeled $117.9M · 2013-03-062013
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
6.0 yr
Elapsed time used
13.3 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$3.4M/yr
Capital velocity
15.2 yr
On record since
2011
First round
3
Rounds on file
How it compares to the market

Benchmarked against 21302 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 2.1× above median
This company$6.6M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.7× of median
This company$4.3M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 3.2× above median
This company$117.9M
Sector median$37.3M

Raised more than 65% of sector peers (real $). Modeled value above 74% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #547 of 789.

This companyCohort peer
$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Uni-Pixel · Series A Raised $19.4M · modeled $416.1M (est)FoundationDB, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Liaison Technologies, Inc. · Series A Raised $25.9M · modeled $416.1M (est)iDevices, LLC · Series A Raised $25.7M · modeled $416.1M (est)Zafin Global Holdings Corp. · Series A Raised $15.0M · modeled $416.1M (est)Lavu Inc · Series A Raised $15.0M · modeled $416.1M (est)Exostar Corp · Series A Raised $15.0M · modeled $416.1M (est)ikaSystems Corp · Series A Raised $27.5M · modeled $416.1M (est)Olapic, Inc. · Series A Raised $21.3M · modeled $416.1M (est)Rage Frameworks, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Vormetric Inc · Series A Raised $15.0M · modeled $416.1M (est)BlueData Software, Inc. · Series A Raised $19.0M · modeled $416.1M (est)BINA Technologies Inc. (this company) Raised $6.6M · modeled $117.9M (est)BINA Technologies Inc.
CompanyStageRaised · realValue · estvs peer med.
Uni-PixelSeries A$19.4M$416.1M2.73×
FoundationDB, Inc.Series A$15.0M$416.1M2.73×
Liaison Technologies, Inc.Series A$25.9M$416.1M2.73×
iDevices, LLCSeries A$25.7M$416.1M2.73×
Zafin Global Holdings Corp.Series A$15.0M$416.1M2.73×
Lavu IncSeries A$15.0M$416.1M2.73×
Exostar CorpSeries A$15.0M$416.1M2.73×
ikaSystems CorpSeries A$27.5M$416.1M2.73×
Olapic, Inc.Series A$21.3M$416.1M2.73×
Rage Frameworks, Inc.Series A$15.0M$416.1M2.73×
Vormetric IncSeries A$15.0M$416.1M2.73×
BlueData Software, Inc.Series A$19.0M$416.1M2.73×
BINA Technologies Inc. this companySeries A$6.6M$117.9M0.77×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.1M2011-04-08$5.5M$37.5M90%
Seed$1.2M2012-03-16$6.0M$41.0M90%
Series A$4.3M2013-03-06$19.3M$117.9M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.1M2011-04-08
    • First recorded raise — entered as Seed.
  2. Seed$1.2M2012-03-16
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
  3. Series A$4.3M2013-03-06
    • Raised 12 mo later, in step with the ~13 mo sector norm.
    • Round 3.5× larger than the prior — scaling up.
Intelligence
2014 ~Q1
Modeled next raise · ~11mo cadence
$12.8M
Modeled next size est.range $8.3M$20.4M
3.5×
Last step-up
$3.4M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Babak Yazdani17 other2012-03
Tim Guleri12 other2013-03
Farzad Naimi4 other2012-03
Garry Nolan1 other2012-03
Garry P. Nolan1 other2011-04
Harsh Patel1 other2012-03
Richard Murdock1 other2013-03
Wing Hung Wong1 other2011-04
Wing Wong1 other2012-03
Babak Hung Yazdani2011-04
Farzad Hung Naimi2011-04
Narges Bani Asadi2011-04
Registry & provenance

BINA Technologies Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1518373
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Polymer Search Inc.Other TechnologySeries A$6.0M$105.0Mnetwork1 shared operator · same sector · same stage
Approva CorpOther TechnologySeries A$9.2M$254.2Mnetwork1 shared operator · same sector · same stage
YouEye, Inc.Other TechnologySeries A$9.3M$118.3Mnetwork1 shared operator · same sector · same stage
Speedscale Inc.Other TechnologySeries A$10.0M$56.4Mnetwork1 shared operator · same sector · same stage
Cellixis, Inc.Other TechnologySeed$2.8M$54.3Mnetwork2 shared operators · same sector
Code Green Networks IncOther TechnologySeries A$4.0M$111.0Mnetwork1 shared operator · same sector · same stage
CyteSi, Inc.Other TechnologySeries A$12.4M$32.4Mnetwork1 shared operator · same sector · same stage
Qwiki, Inc.Other TechnologySeries A$14.0M$249.7Mnetwork1 shared operator · same sector · same stage
Frequently asked
How much funding has BINA Technologies Inc. raised?
BINA Technologies Inc. has raised approximately $6.6M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is BINA Technologies Inc.'s estimated valuation?
Provath's modeled valuation for BINA Technologies Inc. is approximately $117.9M (modeled range $5.7M–$641.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is BINA Technologies Inc. at?
BINA Technologies Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Mar 06.
What does BINA Technologies Inc. do and where is it based?
BINA Technologies Inc. operates in the Other Technology sector, based in REDWOOD CITY.
Explore related

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