Chainguard, the Kirkland, Washington-based cybersecurity company, has announced a landmark $280 million growth funding round led by General Catalyst’s Customer Value Fund (CVF), pushing its total capital raised to nearly $900 million and valuing the firm at $3.5 billion. This new round marks a pivotal phase for Chainguard as it shifts from product-focused development to large-scale go-to-market execution, all while maintaining an ironclad focus on product innovation and security.
Founded on the mission to secure the open source software supply chain, Chainguard provides over 1,700 secure-by-default container images, curated language libraries, and purpose-built VM images designed to eliminate known vulnerabilities before they reach production environments. The company’s “secure-by-default” approach has become its defining market differentiator, drastically reducing security and compliance risks for developers and enterprises worldwide.
According to CFO Eyal Bar, the funding model is designed to “scale go-to-market investment without diluting ownership or slowing innovation.” This strategic partnership with General Catalyst’s CVF enables Chainguard’s commercial operations to fund their own growth, while preserving capital for research, product engineering, and the next wave of secure software infrastructure development.
The infusion of capital also reflects unprecedented investor confidence in Chainguard’s disciplined financial model, rapid scaling capabilities, and unique position within the cybersecurity ecosystem. As enterprise dependence on open source continues to expand, Chainguard’s mission to secure foundational components of modern software development is more critical than ever. With a strong capital structure, a mature go-to-market plan, and a product suite trusted by developers globally, Chainguard is now poised to cement its leadership in the secure software supply chain sector.
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