Chainguard
Facts
- HQ
- Kirkland, WA, US
- Sectors
- Computer and Network Security
- Founded
- 2021
- Employees
- 784
- Stage
- Series D+
- Founders
- Dan Lorenc, Ville Aikas, Matt Moore
Temporal rises to No. 1 on GeekWire 200 after $550M raise at $12.55B valuation as AI and hardware firms climb
Temporal is now the No. 1 company on the GeekWire 200 after a $550 million raise valuing it at $12.55 billion and surpassing $250 million in annualized revenue; the Fall 2026 ranking highlights growth in AI software and advanced machinery for space, energy and defense across the Pacific Northwest.
Starcloud Becomes Fastest Y Combinator Unicorn at $1.1B as Fusion Leader Helion Tops GeekWire 200 with $15.5B Valuation
The latest GeekWire 200 highlights a shift in the Pacific Northwest startup scene toward physical products like rockets, fusion reactors, and space-based data centers, with Starcloud becoming the fastest Y Combinator unicorn valued at $1.1 billion. Helion maintains the top spot with a $15.5 billion valuation, while notable companies like Stoke Space, Overland AI, and new unicorn XBOW also make significant moves.
Carta: Seattle Ranked No. 6 in 2025 U.S. Cities for Startup Capital Raised with Nearly $2 Billion
Carta’s 2025 city rankings show Seattle remained sixth in the U.S. for startup capital raised with nearly $2 billion (2.9% of Carta-tracked funding), similar to its 2024 position. Major Seattle-area rounds included TerraPower ($650M), Stoke Space ($510M), Helion Energy ($425M), and others across software, AI, hardware, and fintech.
Founders' Co-op raises $50M to back ~30 Pacific Northwest early-stage tech startups with up to $1.5M each
Seattle venture capital firm Founders' Co-op raised a $50 million fund to invest up to $1.5 million each in about 30 early-stage Pacific Northwest tech startups, with a focus on enterprise software. The firm aims to shore up local founders amid uneven regional investment compared with San Francisco while local startup funding showed volatility in 2025.
Chainguard Raises $280M from General Catalyst Six Months After $356M Series D, Valued at $3.5B
Seattle-based cybersecurity startup Chainguard secured $280 million in new financing from General Catalyst’s Customer Value Fund, six months after raising $356 million in a Series D round, bringing its total funding to $892 million and valuation to $3.5 billion. The company, which helps secure open source software supply chains and serves over 200 customers, grew its annual recurring revenue to $40 million in fiscal year 2025.
Chainguard raises $280M from General Catalyst, bringing total funding to $892M and keeping $3.5B valuation
Kirkland cybersecurity startup Chainguard raised $280 million from General Catalyst, bringing its total capital to $892 million since 2021 and maintaining a $3.5 billion valuation; the company plans to expand its workforce (now >500) while remaining fully remote and serving clients such as Hewlett Packard Enterprise and Snap.
LinkedIn Names Seattle Startups Chainguard, Common Room, and Truveta Among 2023 Top 50 U.S. Startups
LinkedIn's 2023 list of top 50 U.S. startups includes three Seattle-area companies: Chainguard, Common Room, and Truveta, recognized for rapid growth and innovation in cybersecurity, AI-driven sales, and healthcare data aggregation. These startups have collectively raised over $676 million and hold high valuations, reflecting strong regional entrepreneurial momentum.
GeekWire 200 Q2 2025 Lists Top 10 Fast-Growing Pacific Northwest Startups in AI, Robotics, Energy, and More
The GeekWire 200 ranking highlights the fastest-growing private tech startups in the Pacific Northwest, emphasizing innovators in AI, robotics, energy, and more for Q2 2025. This quarterly list, sponsored by JPMorgan Chase, tracks regional tech development and emerging companies.
OpenAI Acquires Seattle Startup Statsig for $1.1 Billion Amid Its Unique Five-Day In-Office Work Policy
Seattle-area startup Statsig, acquired by OpenAI for $1.1 billion, mandates five-day-a-week in-office work, contrasting with common hybrid models. CEO Vijaye Raji credits this policy for fostering strong collaboration, faster decision-making, and a high-performing culture.
Seattle Lags Behind San Francisco in Top AI Startup Funding Deals in 2025 Despite Strong Talent Pool
Despite Seattle's strong AI talent and institutions, no Seattle-area startups rank among the top 100 AI funding deals in 2025, as investors favor San Francisco-based companies for large funding rounds. The city has potential but currently lacks a defining AI startup comparable to Anthropic or OpenAI.
GeekWire Revamps 200 Seattle-Area Startup Ranking with AI for Q2 2025
The GeekWire 200 ranking of Seattle-area startups has been revamped for Q2 2025 using AI tools to better highlight fast-growing companies and emerging leaders. Presented by JPMorganChase, the updated ranking combines data and editorial insight to provide a comprehensive view of the Pacific Northwest tech startup ecosystem.
Palo Alto Networks to acquire Seattle startup Protect AI in deal reported above $500 million
Seattle-based Protect AI, founded in 2022 to secure machine-learning systems and serving Fortune 500 clients, is being acquired by Palo Alto Networks; sources report the deal is worth over $500 million after Protect AI raised $60 million in a 2024 Series B at a $400 million valuation. Palo Alto plans to integrate Protect AI into its Prisma AIRS platform to expand AI security capabilities.
Palo Alto Networks to Acquire Seattle AI Cybersecurity Startup Protect AI for Over $500 Million
Palo Alto Networks plans to acquire Seattle-based AI cybersecurity startup Protect AI, founded in 2022, for an estimated $500 million or more, aiming to strengthen its AI security offerings. Protect AI, which serves Fortune 500 clients and recently raised $60 million at a $400 million valuation, focuses on protecting machine learning systems amid rising AI-related breaches.
Chainguard, $3.5B Cybersecurity Startup with 350+ Employees, Operates Fully Remotely Without Offices
Chainguard, a $3.5 billion cybersecurity startup with over 350 employees, operates fully remotely without any physical offices, leveraging biannual retreats and regular virtual meetings to build team cohesion. CEO Dan Lorenc highlights that this remote model enables access to niche talent across various locations, supported by employee stipends for remote work expenses.
Chainguard Raises $356 Million Series D, Valued at $3.5 Billion in Under Two Years
Cybersecurity startup Chainguard raised $356 million in a Series D funding round led by Kleiner Perkins and IVP, boosting its valuation to $3.5 billion from $1.12 billion less than a year ago. Founded in 2021, Chainguard helps secure software supply chains, focusing on open source software security, and has grown its annual recurring revenue to $40 million with plans to exceed $100 million soon.
Chainguard Raises $356 Million Series D Led by Kleiner Perkins and IVP to Enhance Open Source Security
Chainguard announced a $356 million Series D funding round led by Kleiner Perkins and IVP, with participation from Salesforce Ventures, Datadog Ventures, and key existing investors. The funding will accelerate Chainguard's mission to enhance open source supply chain security, supporting over 150 customers and generating $40M+ in revenue.
UW Genetics Professor Mary-Claire King Awarded NAS Public Welfare Medal; T-Mobile Board and Seattle Startup Violett Announce Leadership Changes
Mary-Claire King, a University of Washington genetics professor, received the National Academy of Sciences' Public Welfare Medal for her impactful genome science work including discovering the BRCA1 gene. T-Mobile announced board changes with the return of Thomas Dannenfeldt and resignations of Kelvin Westbrook and Srinivasan Gopalan, while Seattle startup Violett appointed Michael Kurtzman as CEO.
Microsoft’s M12 Leads $15M Series A for Seattle Kubernetes and AI Security Startup Edera
Seattle startup Edera, founded in 2023, raised $15 million in a Series A led by Microsoft’s venture fund M12 to secure Kubernetes and AI workloads, with software that isolates containers and enhances GPU security. The 14-person company is led by CEO Emily Long and backed by investors including Mantis VC and In-Q-Tel.
Seattle's Truveta Raises $320M to Launch Largest Genomic Database with 10 Million Exomes Sequenced
Seattle-based health data company Truveta secured $320 million from 17 health systems, Illumina, and Regeneron to launch the Truveta Genome Project, aiming to create the largest and most diverse genomic and phenotypic dataset ever assembled, greatly surpassing previous efforts. The project will sequence exomes of 10 million volunteers using biospecimens linked to anonymized medical records to advance genetic research and healthcare insights.
Highspot Takes No. 1 Spot on GeekWire 200 Startup Ranking After Outreach’s Layoffs and CEO Departure
Seattle-based sales enablement company Highspot has claimed the No. 1 spot on GeekWire's 200 ranking of privately held startups in the Pacific Northwest, replacing Outreach which recently downsized and saw its CEO step down. The GeekWire 200 ranking reflects changes in the dynamic startup landscape based on factors like funding, employee growth, and layoffs.
LinkedIn's Top 50 Startups List Includes Seattle's Chainguard, Truveta, and Statsig
LinkedIn's annual Top 50 startups list includes three Seattle-area companies—Chainguard (No. 39), Truveta (No. 42), and Statsig (No. 47)—recognized for strong employee growth and talent attraction. All three are also highly ranked on GeekWire 200, highlighting their prominence in the Pacific Northwest startup scene.
Seattle Startup Edera Raises $5M Seed to Innovate Kubernetes and AI Container Security
Seattle-based startup Edera, founded in April 2024, raised $5 million in seed funding led by 645 Ventures and Eniac Ventures to develop container security solutions for Kubernetes and AI workloads using a novel virtualization approach. The female-founded company offers Protect Kubernetes and Protect AI products that isolate workloads for enhanced security without requiring special infrastructure.
GeekWire 200 Updates Top Pacific Northwest Tech Startups Featuring Chainguard's $140M Raise and $1.1B Valuation
The GeekWire 200 ranking updates the top privately held tech startups in Seattle and the Pacific Northwest, highlighting companies like Chainguard that raised $140 million and reached a $1.1 billion valuation. The list spans various industries and regions including Oregon and British Columbia, emphasizing the area's strong B2B enterprise software and consumer tech sectors.
Chainguard Raises $140M Series C, Achieves $1.12B Valuation Becoming Seattle's Newest Cybersecurity Unicorn
Seattle-based cybersecurity startup Chainguard raised $140 million in a Series C round, reaching a $1.12 billion valuation and becoming a unicorn. Founded in 2021, the company focuses on securing software supply chains for major clients and has rapidly grown its customer base and revenue.
Yifan Zhang Joins AI2 Incubator as Managing Director; Dropbox, Marchex, and Seattle Startups Appoint New Tech Leaders
Yifan Zhang, former Loftium co-founder, is joining the AI2 Incubator as managing director starting February 2024, while several Seattle tech companies made key executive hires including Dropbox, Marchex, Simply Augmented, and Chainguard.
People
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Dan Lorenc Founder, Founder/CEO
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Scott Nichols Founder, Former Co-founder, Former Engineer
