Chainguard Raises $61M in Series B Funding

Chainguard, a software supply chain security company based in Kirkland, WA, has raised $61 million in Series B funding. The round was led by Spark Capital, with participation from existing investors Sequoia Capital, Amplify Partners, The Chainsmoker's Mantis VC, and Banana Capital. The funds will be used to expand the global go-to-market team, invest in product research and innovation, and enhance customer support services. Chainguard offers Chainguard Images, a collection of secure container images used by Fortune 500 companies and startups. The company's annual recurring revenue has tripled in the past six months.