Chainguard

Chainguard

Supply chain risk management and audits

About

Chainguard specializes in managing risks in supply chains, particularly for software. The company conducts audits to identify risks and provides detailed reports with recommendations for improvement. They offer a curated base container image distro that enhances software security and efficiency, along with supply chain observability services to track software origins and dependencies. Chainguard aims to help businesses mitigate supply chain risks and ensure the integrity of their software supply chains.

Company Stage

Series C

Employees

201-500

Industries

Data & Analytics, Cybersecurity

Total Funding

$249M

Headquarters

Kirkland, Washington

Founded

2021


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Simplify's Take

What believers are saying

  • Chainguard raised $140 million in Series C funding, boosting its growth potential.
  • The company is valued at $1.12 billion, indicating strong market confidence.
  • Growing demand for secure container images supports Chainguard's core offerings.

What critics are saying

  • Increased competition from other cybersecurity startups in the Seattle area.
  • Potential overvaluation risk with Chainguard's rapid valuation increase to $1.12 billion.
  • Rapid product expansion to AI workloads may lead to execution challenges.

What makes Chainguard unique

  • Chainguard Images have 97.6% fewer vulnerabilities than industry alternatives.
  • The company offers unique supply chain observability services for software supply chains.
  • Chainguard provides detailed audits with remediation suggestions for supply chain risks.

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Growth & Insights
Headcount

6 month growth

46%

1 year growth

124%

2 year growth

282%

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