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A new unicorn in Seattle: Cybersecurity startup Chainguard raises $140M at $1.1B valuation

Chainguard CEO Dan Lorenc. (LinkedIn Photo) Kirkland, Wash.-based cybersecurity startup Chainguard announced a $140 million Series C investment, bumping its valuation to $1.12 billion and minting the Seattle region’s newest unicorn. The funding comes less than a year after Chainguard raised a $61 million Series B round. The company’s customer base has quintupled year-over-year and annual recurring revenue is up 175%. Founded in 2021, Chainguard aims to help customers secure their “software suppl...

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