Chainguard, a secure software development platform, has raised $356 million in Series D funding, bringing its total raised to $612 million. Co-led by Kleiner Perkins and IVP, this funding round values the company at $3.5 billion. Additional participation came from Salesforce Ventures and Datadog Ventures. Chainguard recently launched new products such as Chainguard VMs, offering zero-CVE virtual machine images, and Chainguard Libraries, a catalog of secure Java libraries. In fiscal year 2025, Chainguard grew its annual recurring revenue by 7x to $40 million, with plans to exceed $100 million by the end of fiscal year 2026.
Additionally, Chainguard’s secure solutions have been pivotal in sectors where security is paramount. Dylan Shepard, Senior Lead Platform Engineer at Booz Allen, emphasized that Chainguard’s secure container images enable fast operations while adhering to the most rigorous cybersecurity standards. Chainguard’s future growth excites investors, who are optimistic about its potential. “Chainguard helps companies of all sizes prioritize security without compromising innovation. The speed at which Chainguard has established itself as the go-to provider for trusted open source software is remarkable, and all of us at KP are excited to partner with them as they continue on this trajectory." With this new capital, Chainguard plans to further innovate its product suite, scale its operations, and expand its presence in international markets.
