Chainguard raises $50M to secure companies’ software supply chains
Summary
Chainguard Inc., a startup founded by a group of former Google LLC engineers to help companies secure their applications, has raised $50 million in fresh funding. Sequoia Capital led the investment with participation from more than 30 other investors including the chief information security officers of Block Inc., the company formerly known as Square Inc., and Google. Most enterprise applications include not only code developed in-house by a company’s engineers but also components sourced from the open-source ecosystem. Kirkland, Washington-based Chainguard develops tools that make it easier for companies to ensure the security of their software. According to Chainguard, every container features a software bill of materials and complies with cybersecurity standards such as the popular SLSA framework.