The round was led by Redpoint Ventures, Lightspeed Venture Partners, and IVP, bringing the company's total funding raised to $256 million. Existing investors, including Amplify, Mantis VC, Sequoia Capital, and Spark Capital also participated in the round.

Chainguard is the secure foundation for building with open source software. The company's portfolio of secure, minimal container images helps organizations embrace a new culture of software development where starting left with security, not shifting left, is the reality. Its customers include Fortune 500 enterprises and leading technology and security companies, including Anduril, Canva, Domino Data Lab, Checkmarx, HPE, GitLab, Snowflake, and Wiz.