Spark Capital, a venture capital firm and is based in Boston, led a $61m Series B funding round in Chainguard, a software supply chain security, with participation from Sequoia Capital, Amplify Partners, The Chainsmokers, and Banana Capital. "The future is clear - if you adopt open source software you are responsible for securing it. Chainguard is on a mission to be the safe source for open source that every organization building software today can rely on to build right, build safe and build fast. Open source adoption across the industry has grown dramatically over the last several years, but the gap in doing so securely is widening. Enterprises and governments are struggling to remain compliant and secure while the pace of software development is increasing," Dan Lorenc, Chainguard CEO and Co-founder.