Chainguard has secured US$636 million in the last six months and US$892 million in total as it accelerates efforts to make open source software trustworthy by default.
Chainguard has US$280 million in growth financing from General Catalyst’s Customer Value Fund (CVF) to meet growing demand and accelerate its mission to make open source software trustworthy by default.
The financing follows the company’s Series D fundraise in April and marks US$636 million total secured in the past six months and US$892 million in total.
“Open source powers the world, but the way it’s delivered and deployed often introduces risk. At Chainguard, we’re flipping that script: we guard open source from all the things that can go wrong with it, so engineering teams can build anything they want with it,” said Dan Lorenc, CEO and Co-founder, Chainguard. “We’re building the best, trusted source for open source. With this strategic capital, we can accelerate the adoption of Chainguard across more companies, helping engineering teams build faster, stay compliant and eliminate risk.”
“Chainguard is defining a new category at the heart of modern infrastructure: trusted open-source software. By solving one of the most pressing challenges in software development and deployment, the company is setting a new standard for engineering teams,” said Pranav Singhvi, Managing Director and Co-Head of CVF. “Dan is a standout founder who has built the business with incredible unit economics and intelligent capital allocation decisions.”
Fueling Chainguard’s next phase of go-to-market growth
Given Chainguard’s strong unit economics, the company will use this balance sheet from General Catalyst to invest in and accelerate its go-to-market scale while preserving equity dollars for investments into product, engineering and additional strategic long-term value creation.
This approach enhances the company’s financial profile, supports disciplined growth and positions Chainguard to capture a rapidly expanding market opportunity as trusted open source becomes mission-critical infrastructure for global enterprises.
“This growth capital reflects the strength of Chainguard’s business and how we’re scaling rapidly, operating with discipline and planning for the long term,” said Eyal Bar, Chief Financial Officer, Chainguard. “Our partnership with GeneralCatalyst’s Customer Value Fund (CVF) is an important part of that strategy: it enables us to scale go-to-market investment without diluting ownership or slowing innovation. This structure allows our commercial motion to fund its own growth while giving us the flexibility to double down on product and engineering – where our differentiation lies – and build the operational scale and financial profile required for the next stage of growth.”
Building on continued momentum
As Chainguard scales to meet customer demand, the company has recently reached numerous milestones, including:
• Launching Chainguard Libraries for JavaScript, Java and Python, giving organisations confidence that malware has not been inserted during the build or distribution of libraries in those ecosystems.
• Announcing Chainguard VMs, offering customers a cloud-agnostic, threat-resistant environment for deploying and running containers.
• Surpassing 1,700 minimal, zero-CVE images in its Chainguard Containers catalog, covering the majority of modern application stacks.
• Announcing availability on all major cloud provider marketplaces – Microsoft Azure, AWS and GCP – so customers can adopt Chainguard Containers directly within their existing procurement and deployment workflows.
• Welcoming a new CISO and new CFO to support the next phase of its growth.
• Being named to the Forbes Cloud 100 and the Fortune Best Workplaces in Technology, validating its industry leadership and culture.
