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Hex-Rays logo — State-of-the-art binary code analysis tools

Hex-Rays

State-of-the-art binary code analysis tools

Founded 2005 Belgium Belgium 43 employees Analytics, Information Technology +1

General Information

Company Name Hex-Rays
Founded Year 2005
Location Belgium Belgium
Employees 43
Industries Analytics, Information Technology, Privacy and Security
Business Model B2B, Freemium, Open Source
Revenue Model Licensing, Freemium, Tiered Pricing
Offices as of Oct 2026
Liege, Belgium
Social

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How does Hex-Rays compare?

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A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Feature Release Oct 21, 2026

Hex-Rays' product IDA 9.5 has launched a new feature, offering better DriverKit support for reversing Apple drivers, which includes advanced recovery and naming capabilities.

AI Insight

Bounce Watch AI
2 months ago

Following its 2022 buyout by SmartFin Capital, Hex-Rays is strategically expanding its market reach, as evidenced by the recent move to make its 'IDA Home' hobbyist tier more accessible. This initiative, coupled with a significant website update, indicates a concentrated effort to attract a broader user base, including hobbyists and educational institutions. These developments signal a dynamic shift towards wider adoption and community engagement, while the mention of an 'upcoming MCP' hints at continued innovation for its core IDA platform.

Signal Types
Product Launch Website Update
Strategic Labels
Market Expansion User Base Growth Product Accessibility
Next Move: Product Launch
·
Impact: 8/10
·
Ideal For: Private Equity — B2B Software/Cybersecurity

About Hex-Rays

Hex-Rays is a renowned company in the cybersecurity domain, known for its state-of-the-art binary code analysis tools. Founded in 2005 and headquartered in Belgium, Hex-Rays focuses on Analytics, Information Technology, and Privacy and Security sectors, offering unparalleled solutions for reverse engineering and vulnerability research.

The firm's flagship product, IDA Pro, is highly acclaimed as a leading tool for software disassembly. Additionally, the Hex-Rays Decompiler plugin significantly boosts the efficiency of IT security researchers working with complex C/C++ binaries. Hex-Rays is acknowledged for its independent status, remaining unfettered by governmental influences or public market pressures.

In a notable financial development, Hex-Rays received a buyout investment on 01 October 2022, backed by SmartFin Capital, which underlines strategic confidence in its capabilities and future growth trajectory within the continuously evolving landscape of cybersecurity threats.

Business keywords: binary code analysis, digital security, software reverse engineering, vulnerability research, software disassembly, IDA Pro, Hex-Rays Decompiler, C/C++ binaries, algorithm scalability, IT security tools, hostile code analysis, independent software development

Services & Products

Binary Code Analysis
Decompilers
Dynamic Analysis and Debugging
Software Security Assessments
Training Courses
Collaboration Add-ons
Automation and Scripting Tools

Target Customers

Cybersecurity Professionals Software Developers Educational Institutions Research Firms Digital Forensic Analysts Reverse Engineering Hobbyists Automotive Industry

Pricing

as listed on Oct 15, 2026

$100–2,580/year

  • 2 cloud-based decompilers of your choice from the same family: $330/year
  • 2 or 4 or 6 local decompilers of your choice: $900/year
  • 11 local decompilers included: $2,580/year
  • Private Lumina: $100/year
Hex-Rays's pricing page

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Buyout Undisclosed 1
SmartFin Capital
01 Oct 2022

Hex-Rays Alternatives & Competitors

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FAQ About Hex-Rays

State-of-the-art binary code analysis tools
Hex-Rays was founded in 2005.
Hex-Rays is headquartered in Belgium. As of Oct 2026, it also has offices in Liege, Belgium.
Hex-Rays operates in Analytics, Information Technology and Privacy and Security. Its work centres on binary code analysis, digital security, software reverse engineering and vulnerability research. Its customers include Cybersecurity Professionals, Software Developers and Educational Institutions.
Hex-Rays has a B2B, Freemium and Open Source business model. Its revenue comes from Licensing, Freemium and Tiered Pricing.
As listed on Hex-Rays's pricing page on Oct 15, 2026: $100–2,580/year (2 cloud-based decompilers of your choice from the same family: $330/year; 2 or 4 or 6 local decompilers of your choice: $900/year; 11 local decompilers included: $2,580/year; Private Lumina: $100/year).
Hex-Rays has approximately 43 employees.
Hex-Rays has completed 1 funding round.
Hex-Rays offers: Binary Code Analysis, Decompilers, Dynamic Analysis and Debugging, Software Security Assessments, Training Courses, Collaboration Add-ons, Automation and Scripting Tools.
Top alternatives and competitors to Hex-Rays include Synacktiv, Assured Information Security (AIS), Sourcebrella Inc, Endpoint-labs Cyber Security R&D Corp., DataOps.live, now a part of FICO. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hex-Rays and Synacktiv are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Hex-Rays, https://bouncewatch.com/company/hex-rays, updated 9 September 2026. When citing, please name BounceWatch and link this page.

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