Security startup Chainguard hits $3.5 billion valuation after series D fundraise

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Computer and network security startup Chainguard fetched a valuation of $3.5 billion following its latest fundraising, with network security companies continuing to garner investor interest amid the push by enterprises for AI adoption.

The company said on Wednesday it has raised $356 million in a series D round, led by new investor Kleiner Perkins and existing investor IVP, with additional participation from new investors such as Salesforce Ventures and Datadog Ventures.

Chainguard – whose customers include Anduril, ANZ Bank, Canva, GitLab and…



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Security startup Chainguard hits $3.5 billion valuation after series D fundraise


Computer and network security startup Chainguard fetched a valuation of $3.5 billion following its latest fundraising, with network security companies continuing to garner investor interest amid the push by enterprises for AI adoption.

The company said on Wednesday it has raised $356 million in a series D round, led by new investor Kleiner Perkins and existing investor IVP, with additional participation from new investors such as Salesforce Ventures and Datadog Ventures.

Chainguard – whose customers include Anduril, ANZ Bank, Canva, GitLab and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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