Chainguard is a San Francisco, CA-based startup company and developer of supply chain security software designed to help organizations manage their open-source and overall software supply security risk.
Chainguard, Inc. was funded $5 million led by Amplify Partners and a few angel investors, including Eric Brewer, VP at Google. Maya Kaczorowski, former CTO at CoreOS; Stephen Augustus, Head of Open Source at Cisco; Joe Duffy, Product at Tailscale; Brandon Phillips, CEO of Pulumi; Solomon Boulos, former Google exec and founder of Google’s OCTO, and Gordon Chaffee, former Google executives.
The business plans to employ the funds to expand operations and bring its solutions to the market.
Matt Moore, Scott Nichols,Dan Lorenc, Ville Aikas, and Kim Lewandowski are five open-source veterans. The team performed together at Google on many of the foundational container projects.
The team considers that the resolution to ensuring software supply chains must be rooted in open source, standards, and communities. The software that companies ship is increasingly overpowered by the open-source libraries, frameworks, and runtimes they consume.
The industry has been hit hard with the wrath of software supply chain attacks over the past few years, especially attacks targeting open-source software.
Chainguard is tackling this challenge head-on, one of the most significant problem areas of the decade. Almost every piece of software has dependencies, often other open-source libraries that the project is built on. As a result, attackers have been injecting malicious code into dependencies of joint open-source projects. These attacks are brutal to recognize because they aren’t always chosen up by traditional scanning, and more so, the dependencies can suddenly change at any time. Chainguard plans to give companies confidence in the software they’re relying on and have the necessary data and tools to understand their risks and mitigate potential threats.
They believe that commented by Lenny Pruss, General Partner at Amplify will solve this massive, multi-stakeholder problem with open tools and open standards. Sigstore has emerged, in their minds, as the project to take on this challenge.
By: K. Tagura
Author statement:
Funded.com is the leading platform for accredited investors network worldwide. We monitor and provide updates on important funding events. Angel Investors and Venture Funding can be a key growth for a startup or existing business. Whether it is a first, second or third round financing having a strategic alliance with an Angel Investor or Venture Capital financing can propel a business to the next level and give the competitive edge.
Rss Feed
