Open-Source Security Company Chainguard Raises $61M Series B

The company will invest in expanding its team and fueling product innovation.

Published on Nov. 01, 2023
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Chainguard, a Kirkland-based company specializing in software supply chain security, has raised $61 million in a Series B funding round led by Spark Capital. This round brings the company’s total venture funding to $116 million. The company’s goal is to provide solutions that help businesses safely build their platforms after adopting open-source software.

Chainguard recently expanded its Images offering to include an expanded inventory of secure container images with more than a million image builds. It aims to give developers the freedom to build safe software with the tools and applications they are already familiar with. It also includes an API for customers to track vulnerability status and meet software supply chain security requirements. 

The company’s customer base includes names like GitGuardian, Hewlett Packard Enterprise and Sourcegraph. With its fresh capital, Chainguard plans to grow its global go-to-market team, invest in product research and innovation and expand its customer support services.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

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