Chainguard, a leading cybersecurity company specializing in secure-by-design infrastructure for software development and deployment, has raised $356 million in a Series D funding round. The latest investment boosts the company’s total funding to $612 million and values the firm at $3.5 billion.
The round was co-led by new investor Kleiner Perkins and returning investor IVP. Additional participation came from Salesforce Ventures and Datadog Ventures, alongside all existing backers.
Chainguard offers a suite of solutions designed to help organizations build and maintain secure software supply chains. Its core products include Chainguard Containers, a secure container image offering; Chainguard VMs, minimal virtual machines with zero known vulnerabilities; and Chainguard Libraries, a secure Java-based library suite.
With the new funding, the company plans to accelerate product development, expand go-to-market efforts, and grow its global presence across EMEA and APAC regions. As demand for secure open source solutions continues to rise, Chainguard is targeting $100 million in annual recurring revenue (ARR) by the end of fiscal 2026. In fiscal 2025, the company’s ARR surged sevenfold to $40 million.
Chainguard currently serves more than 150 customers worldwide, including major enterprises such as ANZ Bank, Canva, GitLab, Hewlett Packard Enterprise, Oceaneering International, Snap Inc., Univar Solutions, VPBank, and Wiz.
“At Snap, security is critical to maintaining user trust and ensuring the integrity of our application,” said Shrikant Pandhare, Security Engineering Manager at Snap Inc. “Chainguard’s secure container images significantly reduce vulnerabilities, providing us with a reliable foundation that allows our teams to innovate and scale with confidence.”
