Binpress
Open-source Project Marketplace
Company Overview
Snapshot
Founded in August 2010 by Eran Galperin and Adam Benayoun, Binpress operated with 1–10 employees. The company raised $1.05 million across two funding rounds from 8 investors. Binpress was acquired by CodersClan in June 2016.
Business overview
Binpress provided a marketplace for commercial open-source code, enabling developers to monetize their projects and build sustainable businesses. Its platform aimed to reduce the total cost of ownership and minimize risk for small businesses and enterprises adopting open-source solutions. The company operated within the Business Software sector, focusing on IT, R&D & Data Solutions, specifically Software Development Tools and Product Development Tools.
Strategic signal
In June 2016, Binpress was acquired by CodersClan. This acquisition signaled a strategic consolidation within the developer tools and open-source ecosystem, indicating a move towards integrated solutions for code development and monetization. For investors, this highlights the potential for exits in the specialized software development marketplace segment.
Log in to access full profile ›Company Intelligence Q&A
- When was Binpress acquired?
- Binpress was acquired by CodersClan in June 2016.
- What was the primary business of Binpress?
- Binpress operated as a marketplace for commercial open-source code, facilitating monetization for developers and reducing adoption risks for businesses.
- Who were the founders of Binpress?
- Binpress was co-founded by Eran Galperin and Adam Benayoun.
- Which investors participated in Binpress's September 2013 funding round?
- In September 2013, Binpress received funding from 500 Startups and Christine Tsai.
- What was a key product development for Binpress in February 2015?
- In February 2015, Binpress launched new storefronts for digital goods, allowing direct sales to customers.