Chainguard introduced final week that it has raised $280 million in a development funding spherical from Normal Catalyst’s Buyer Worth Fund (CVF).
Chainguard has raised $636 million within the final six months alone, and a complete of practically $900 million in complete. When it introduced elevating $365 million in a Collection D spherical in April, Chainguard had been valued at $3.5 billion.
The Kirkland, Washington-based firm offers options for securing the open supply provide chain.
Chainguard has created secure-by-default container photos that aren’t affected by recognized vulnerabilities, making it simpler for builders to construct safe software program. The corporate offers greater than 1,700 such photos, together with for AI purposes.
Chainguard additionally offers a catalog of safe language libraries and purpose-built VM photos.
The newest funding will probably be used for got-to-market efforts.
“This development capital displays the power of Chainguard’s enterprise, and the way we’re scaling quickly, working with self-discipline, and planning for the long run,” stated Eyal Bar, Chainguard’s CFO.
“Our partnership with Normal Catalyst’s Buyer Worth Fund (CVF) is a vital a part of that technique: it permits us to scale go-to-market funding with out diluting possession or slowing innovation. This construction permits our business movement to fund its personal development whereas giving us the flexibleness to double down on product and engineering — the place our differentiation lies, and construct the operational scale and monetary profile required for the subsequent stage of development,” Bar added.Commercial. Scroll to proceed studying.
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