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Synopsis
Sequoia Capital, an American venture capital firm, led a $50m Series A funding round in Chainguard, a firm securing the software supply chain by default, with participation from Amplify, Mantis VC, LiveOak Venture Partners, Banana Capital, K5 and CISOs. High profile software supply chain attacks like Log4j have flashed a spotlight on the need to establish a foundation of trust in the software that companies put in production. Chainguard gives companies confidence in the critical open source software they deploy by providing a low-friction, developer-friendly way of signing and verifying software artifacts so they have a trail to trace if a breach does occur. The Chainguard team are the thought leaders in this space, and it is the right team at the right time in history to tackle this problem," Bogomil Balkansky, Sequoia Capital Partner.
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