½ûÂþÌìÌÃ

Artificial intelligence Cybersecurity Startups Transportation & Logistics Venture

Chainguard Secures $356M Series D At $3.5B

Illustration of cyber thief on popular devices.

Software supply chain security startup raised a massive $356 million Series D at a valuation of $3.5 billion as companies look for ways to secure software development.

The new funding was co-led by new investor and existing investor . New investors 1Ìý²¹²Ô»å Datadog Ventures, plus all other existing investors also participated in the round, the company says.

The new valuation is a more than threefold increase from the $1.12 billion valuation the company received after a $140 million Series C led by IVP, and .

Chainguard allows companies to securely build software, providing guarded open-source software and eliminating threats in the software supply chains. The company has grown its annual recurring revenue to $40 million and plans to reach more than $100 million in ARR before the end of fiscal year 2026.

“Chainguard was founded on a simple yet powerful belief that security and innovation should go hand in hand,” said co-founder and CEO . “Today, Chainguard is paving the way for a future where secure, vulnerability-free open-source software is the standard.â€

Founded in 2021, Chainguard has raised $612 million, per the company.

Funding to cyber

Funding to cybersecurity continues to be strong. Just last week, locked up a $75 million Series A funding led by , 2Ìý²¹²Ô»å .

Funding in general to VC-backed cyber startups topped $2.7 billion in Q1, per ½ûÂþÌìÌà . That’s a 29% increase from the last quarter of 2024, and just a slight dip from the $2.8 billion raised in the same quarter last year.

Related ½ûÂþÌìÌà Pro list:

Related reading:

Illustration:


  1. Salesforce Ventures is an investor in ½ûÂþÌìÌÃ. They have no say in our editorial process. For more, head here.

  2. Mayfield Fund is an investor in ½ûÂþÌìÌÃ. They have no say in our editorial process. For more, head here.

Stay up to date with recent funding rounds, acquisitions, and more with the ½ûÂþÌìÌà Daily.

67.1K Followers

CTA

Discover and act on private market opportunities with predictive company intelligence.

Copy link