Chainguard, the cybersecurity company redefining open source software security, has secured $280 million in growth financing from General Catalyst’s Customer Value Fund (CVF). This latest investment brings the company’s total funding to $892 million, with $636 million raised in the past six months, positioning Chainguard to meet rising global demand for secure, production-ready open source software.
Open source now accounts for roughly 90% of the code powering modern applications and infrastructure. While it has fueled innovation across industries, its widespread use has also introduced unprecedented security risks. As organizations confront escalating threats in the software supply chain, the need for trustworthy, verified open source has become a strategic priority.
Chainguard delivers hardened, secure, and production-ready builds of popular open source components, enabling engineering teams to build with speed and confidence. Its customers include some of the world’s most sophisticated enterprises, such as Anduril, Canva, Fortinet, Hewlett Packard Enterprise, Snap Inc., and Snowflake.
The new funding from General Catalyst will accelerate Chainguard’s go-to-market expansion, deepen product innovation, and strengthen its position as the trusted source for open source security. The company plans to leverage the investment to scale its customer base while maintaining its strong unit economics and disciplined growth strategy.
Chainguard’s momentum continues to build, marked by the launch of new products such as Chainguard Libraries for JavaScript, Java, and Python and Chainguard VMs, a cloud-agnostic, threat-resistant environment for running containers. The company has also surpassed 1,700 minimal, zero-CVE container images in its secure catalog, expanded availability across major cloud marketplaces including Azure, AWS, and Google Cloud, and recently welcomed new executive leaders to support its next phase of growth.
KEY QUOTES
“Open source powers the world, but the way it’s delivered and deployed often introduces risk. At Chainguard, we’re flipping that script: we guard open source from all the things that can go wrong with it, so engineering teams can build anything they want with it. We’re building the best, trusted source for open source. With this strategic capital, we can accelerate the adoption of Chainguard across more companies, helping engineering teams build faster, stay compliant, and eliminate risk.”
Dan Lorenc, Chief Executive Officer and Co-Founder, Chainguard
“Chainguard is defining a new category at the heart of modern infrastructure: trusted open source software. By solving one of the most pressing challenges in software development and deployment, the company is setting a new standard for engineering teams. Dan is a standout founder who has built the business with incredible unit economics and intelligent capital allocation decisions.”
Pranav Singhvi, Managing Director and Co-Head, Customer Value Fund, General Catalyst
“This growth capital reflects the strength of Chainguard’s business, and how we’re scaling rapidly, operating with discipline, and planning for the long term. Our partnership with General Catalyst’s Customer Value Fund (CVF) is an important part of that strategy: it enables us to scale go-to-market investment without diluting ownership or slowing innovation. This structure allows our commercial motion to fund its own growth while giving us the flexibility to double down on product and engineering — where our differentiation lies, and build the operational scale and financial profile required for the next stage of growth.”
Eyal Bar, Chief Financial Officer, Chainguard
