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Chainguard

Chainguard

Conducts supply chain risk audits and assessments

About

Chainguard specializes in managing risks in supply chains, particularly for software supply chains. The company conducts audits to identify risks and provides detailed reports with recommendations for improvement. They offer a curated base container image distro, which allows businesses to adopt secure software packages easily, and also provide supply chain observability services to track software origins and dependencies. Chainguard's goal is to help businesses effectively mitigate supply chain risks and enhance their overall security.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Cybersecurity

Total Funding

$116M

Headquarters

N/A

Founded

2021


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Simplify's Take

What believers are saying

  • Chainguard's recent $61 million Series B funding round indicates strong investor confidence and provides ample resources for growth and innovation.
  • The company's rapid headcount growth and strategic partnerships position it well for scaling operations and expanding market reach.
  • Innovations like the Speranza software signing system demonstrate Chainguard's leadership in advancing supply chain security technologies.

What critics are saying

  • The competitive landscape in supply chain risk management and cybersecurity is intense, requiring continuous innovation to maintain a competitive edge.
  • Economic uncertainties and a slowdown in VC investments could impact future funding opportunities and growth prospects.

What makes Chainguard unique

  • Chainguard's focus on software supply chain risk management and observability sets it apart from traditional supply chain risk management firms.
  • Their curated base container image distro offers a unique, secure, and efficient solution for businesses to manage their software supply chains.
  • Partnerships with organizations like Second Front Systems and contributions to open-source security initiatives highlight Chainguard's commitment to industry standards and innovation.

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Growth & Insights
Headcount

6 month growth

46%

1 year growth

117%

2 year growth

288%

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