Chainguard, a Kirkland, Wash.-based supply chain security software provider, raised $50 million in its Series A funding.
The round was led by Sequoia Capital with participation from Amplify, the Chainsmokers’ Mantis VC, LiveOak Venture Partners, Banana Capital, K5/JPMC, Jim Higgins, CISO at Square, Tom Killalea, Chair of MongoDB and former VP of Technology and CISO at Amazon, and CISOs from Google and Square (Block), among others.
The company intends to use the funds to expand operations and its development efforts.
Co-founded by Dan Lorenc, Kim Lewandowski, Matt Moore, Scott Nichol and Ville Aikas, Chainguard is involved in securing the software supply chain by default. Its product portfolio already includes Chainguard Enforce (a supply chain security solution for containerized workloads), Chainguard Images (container base images designed for a secure software supply chain that are continuously updated to achieve zero-known vulnerabilities) and Professional Services. Customers range from Fortune 500 companies in banking, fintech, government and infrastructure to startups and SMBs.
FinSMEs
03/06/2022