Chainguard has raised $356 million in Series D funding, co-led by IVP and Kleiner Perkins, valuing the company at $3.5 billion. The funds will accelerate product innovation and company expansion.
Chainguard has raised $356 million in Series D funding, co-led by IVP and Kleiner Perkins, valuing the company at $3.5 billion. The funds will accelerate product innovation and company expansion.
04/23/25, 12:19 PM
Location
kirklandMoney raised
$356 million
Industry
software
Round Type
series d
Investors
Datadog Ventures, Salesforce Ventures, Kleiner Perkins, Ivp
KIRKLAND, Wash., April 23, 2025 /PRNewswire/ -- Chainguard, the secure foundation for software development, announced its $356 million Series D funding round. Led by IVP and Kleiner Perkins, this funding will support the company’s growth in secure software infrastructure. Chainguard's ARR has grown to $40 million, with plans to exceed $100 million by FY 2026. The new capital will enhance product innovation and expand their market reach.
Company Info
Location
kirkland, washington, united states
Additional Info
Chainguard is the secure foundation for software development and deployment. By providing guarded open source software, built from source and updated continuously, Chainguard helps organizations eliminate threats in their software supply chains. Its customers include Fortune 500 enterprises and global industry leaders, including Anduril, ANZ Bank, Canva, GitLab, Hewlett Packard Enterprise, MAN Energy Solutions, Snap Inc., Snowflake, and Wiz. Chainguard is venture-backed by leading investors, including Amplify, IVP, Kleiner Perkins, Lightspeed Venture Partners, Mantis VC, Redpoint Ventures, Sequoia Capital, and Spark Capital.