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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 1听补苍诲 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.鈥

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 , 2听补苍诲 .

Funding in general to VC-backed cyber startups topped $2.7 billion in Q1, per 附近上门 . That鈥檚 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.

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

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

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