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Chainguard Secures $356 Million Series D, Reaching $3.5 Billion Valuation

The software supply chain security startup has raised $612 million to date and achieved $40 million in annual recurring revenue.

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Overview

  • Chainguard closed a $356 million Series D funding round led by Kleiner Perkins and IVP, with participation from Salesforce Ventures and Datadog Ventures.
  • The company achieved a $3.5 billion valuation following the latest round, reflecting strong investor confidence in cybersecurity solutions.
  • Founded in 2021, Chainguard specializes in securing software supply chains and now serves clients like Anduril, Canva, and Hewlett Packard Enterprise.
  • Annual recurring revenue grew sevenfold to $40 million in fiscal year 2025, underscoring rapid business growth.
  • The funding highlights growing venture capital interest in digital infrastructure and security as enterprises increasingly adopt AI technologies.