Chainguard, a Kirkland, Wash.-based supply chain security software provider, raised $50 million in its Series A funding.
The round was led by Sequoia Capital with participation from Amplify, the Chainsmokers’ Mantis VC, LiveOak Venture Partners, Banana Capital, K5/JPMC, Jim Higgins, CISO at Square, Tom Killalea, Chair of MongoDB and former VP of Technology and CISO at Amazon, and CISOs from Google and Square (Block), among others.
The funds will be used by the company to expand its operations and to support its development efforts.
Co-founded by Dan Lorenc, Kim Lewandowski, Matt Moore, Scott Nichol and Ville Aikas, Chainguard is involved in securing the software supply chain by default. Chainguard Enforce, a supply chain security solution that can handle containerized workloads, Chainguard Images (container-based images designed to secure software supply chains and are constantly updated to avoid known vulnerabilities), and Professional Services are part of the product portfolio. Fortune 500 companies, as well as startups and SMBs, use the services of these professionals.