Chainguard, a company that has built a secure foundation for software development and deployment, announced it has raised $356 million in Series D funding at a $3.5 billion valuation. This funding round raised the company’s total funding to $612 million. This round was co-led by new investor Kleiner Perkins and existing investor IVP. And new investors Salesforce Ventures and Datadog Ventures, plus all other existing investors, also participated in the round.
The company has seen rapid growth in recent quarters as organizations seek secure-by-design infrastructure to build and safeguard their software supply chains. The company also revealed the following milestones:
1.) Surpassed 150 customers for its Chainguard Containers product;
2.) Announced Chainguard VMs, a new product line offering minimal and zero-CVE virtual machine images built entirely from source
3.) Debuted Chainguard Libraries, a catalog of guarded language libraries for Java built securely from source.
In fiscal year 2025, Chainguard grew its ARR seven times to $40 million and it plans to reach over $100 million in ARR before the end of fiscal year 2026.
The company will also invest the new capital to further innovate its entire product suite, scale go-to-market operations, and continue to expand its presence in EMEA and APAC.
Chainguard also empowers engineering teams to build products better and faster, achieve and maintain continuous compliance, and enhance security, efficiency, and reliability within their organizations. And Chainguard also helps leading global organizations, like ANZ Bank, Canva, GitLab, Hewlett Packard Enterprise, Oceaneering International, Snap Inc., Univar Solutions, VPBank, and Wiz secure their software supply chains.
KEY QUOTES:
“Chainguard was founded on a simple yet powerful belief that security and innovation should go hand in hand. Today, Chainguard is paving the way for a future where secure, vulnerability-free open source software is the standard. In this next chapter of growth, we’re not just scaling our business – we’re fundamentally changing how software is built and secured from the ground up.”
Dan Lorenc, CEO and Co-founder, Chainguard
“In our work supporting the Department of Defense, security isn’t just a priority—it’s a mandate. Chainguard’s secure container images allow us to move fast while maintaining compliance with the most rigorous cybersecurity standards. By reducing the operational burden of patching and hardening, we can focus on delivering mission-critical solutions to our customers without compromising on security.”
Dylan Shepard, Senior Lead Platform Engineer, Booz Allen
“At Snap, security is critical to maintaining the trust of our users and ensuring the integrity of our application. Chainguard’s secure container images help to drive down vulnerabilities and provide us with a solid technology foundation. This, in turn, enables us to focus on scaling and innovating rapidly to deliver new features and experiences for our users.”
Shrikant Pandhare, Security Engineering Manager, Snap
“Few companies can say they’re defining a new category—Chainguard is one of them. Chainguard helps companies of all sizes prioritize security without compromising innovation. The speed at which Chainguard has established itself as the go-to provider for trusted open source software is remarkable, and all of us at KP are excited to partner with them as they continue on this trajectory.”
Mamoon Hamid, Partner, Kleiner Perkins
“Chainguard isn’t just a product—it’s becoming the go-to platform for securing modern software development from the ground up. Our conviction is driven by customer love and compounding adoption: we’re seeing customers not only deploy it deeply but evangelize it passionately—and that love is translating into real momentum, with Chainguard beating its revenue plan by 2x.”
Tom Loverro, General Partner, IVP
“Chainguard is at the forefront of setting the industry standard for secure-by-default infrastructure. We’re excited to support the company’s growth as its solutions become an essential foundation for security and compliance at scale, and its teams redefine how organizations safeguard their most critical applications.”
Nowi Kallen, Managing Director, Salesforce Ventures
“Modern organizations need access to secure software that is seamlessly integrated into their development workflows. Every day, Chainguard is helping organizations build software better and make the most of their engineering resources. This partnership builds on Datadog’s integration with Chainguard to help customers reduce risk across their application surface area, and we’re excited to continue on this journey with them.”
Bharat Sajnani, Senior Vice President, Head of Corporate Development and Ventures, Datadog
