Exclusive: Chainguard raises $140 million Series C
Summary
That’s what Chainguard CEO and cofounder Dan Lorenc once said, invoking Tolstoy’s Anna Karenina to explain his affinity for Hi-Dive, a dive bar on San Francisco’s Embarcadero. Now, Hi-Dive—with its faded blue floors and concrete umbrella-ed patio—is the unofficial Silicon Valley home of Chainguard, the software supply chain security startup that Lorenc cofounded in 2021 with now-CTO Matthew Moore, now-CPO Kim Lewandowski, and Ville Aikas. - Dazz, a Tel Aviv, Israel and Palo Alto, Calif.-based security remediation platform for clouds and apps, raised $50 million in funding from Greylock, Cyberstarts, Insight Partners, and Index Ventures. - Powder, a Los Altos, Calif.-based developer of generative AI agents designed to automate tasks for wealth management firms, raised $5 million in seed funding from YCombinator, General Catalyst, Funder’s Club, Elefund, Litquidity Ventures, and others. - Agellus Capital, a Clayton, Mo.-based private equity firm, raised $400 million for its first fund focused on business-to-business, consumer, supply chain and infrastructure services markets.
Funding
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