What does Chainguard do?
Chainguard is an open source software, security, and cloud native development company that provides secure foundations for software development. Its offerings, including Chainguard Containers, Chainguard VMs, and Chainguard Libraries, are built entirely from source to help organizations mitigate threats in their software supply chains.
How much did they raise?
The company raised $365M in a Series D round, led by Kleiner Perkins and IVP, with participation from Salesforce Ventures, Datadog Ventures, Sequoia, Spark, Amplify, Redpoint, Lightspeed, Mantis, and Kerrest & Co. The funding round valued Chainguard at $3.5 billion.
What are their plans for the money?
Chainguard plans to use the funds to scale its go-to-market team in order to support its growing customer base, which could drive further innovation and bolster its role in securing software supply chains across global markets.
What have they achieved so far?
The company has already made significant progress by surpassing 150 customers for its Chainguard Containers product, launching Chainguard VMs to offer minimal, zero-CVE virtual machine images, and debuting Chainguard Libraries for guarded language libraries in Java.
