Binarly, a Los Angeles, CA-based provider of an AI-powered firmware and software supply chain security platform, raised $10.5M in Seed funding. The company intends to use the funds to further expand its engineering team, and scale enterprise and device manufacturer adoption of its technologies. Founded in 2021 and led by CEO Alex Matrosov, Binarly is a global firmware and software supply chain security company. Its flagship Binarly transparency platform is an AI-powered solution used by device manufacturers, OEMs, IBVs and product security teams to identify known and unknown vulnerabilities, misconfigurations and signs of malicious code implantation. Commenting on the news, Alex Matrosov said:“We built the Binarly Transparency Platform to address that industry gap and provide verifiability and inspectability at every corner of the software and firmware supply chains.