Binarly Raises $10.5M to Bolster AI Firmware Security Platform

Binarly, a Los Angeles-based AI firmware and software security startup, raised $10.5M in Seed funding led by Two Bear Capital, with Blu Ventures, Canaan Partners, Cisco Investments, and Liquid 2 Ventures participating.

The AI cybersecurity firm plans to use the funding to expand its AI-powered supply chain security platform and grow its engineering team. Binarly aims to help enterprises secure software and firmware from vulnerabilities and malicious tampering.