Chainguard, a Kirkland, WA-based supply chain security startup, announced it raised $5 million in Seed Funding.
The round was led by Amplify Partners and several angels including, Eric Brewer, VP at Google, Maya Kaczorowski, Product at Tailscale, Brandon Phillips, former CTO at CoreOS, Stephen Augustus, Head of Open Source at Cisco, Joe Duffy, CEO of Pulumi, Solomon Boulos, former Google exec and founder of Google's OCTO, and Gordon Chaffee, former Google exec, also participated.
With this investment, the company is tripling in size over the coming months with offers accepted from 12 new hires and will focus on bringing solutions to the market.
Company: Chainguard, Inc.
Raised: $5.0M
Round: Seed Round
Funding Month: December 2021
Lead Investors: Amplify Partners
Additional Investors: Eric Brewer, Maya Kaczorowski, Brandon Phillips, Stephen Augustus, Joe Duffy, and Gordon Chaffee
Company Website: https://chainguard.dev/
Software Category: supply chain security
About the Company: Founded by five open-source veterans is Dan Lorenc, Matt Moore, Scott Nichols, Ville Aikas, and Kim Lewandowski. Chainguard, is a supply chain security startup, making the software supply chain secure by default., Applying Zero-Trust principles to supply chain security to make the software lifecycle secure by default. At Chainguard, they believe that the best possible developer experience is one built on a foundation of security. Security is about awareness, and a deep awareness of exactly what code is running, where, and how it got there enables organizations to improve remediation, reliability, performance, and velocity. Chainguard also believes the solution must be rooted in open source, standards, and communities. The software that companies ship is increasingly dominated by the open-source libraries, frameworks, and runtimes they consume.
Source: https://www.globenewswire.com/news-release/2021/12/08/2348626/0/en/Chainguard-Raises-5-Million-From-Amplify-Partners-to-Fix-Software-Supply-Chain-Security.html