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

April 23, 2025

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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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