Dan Lorenc, CEO & Founder of Chainguard: $250 Million Raised to Power the Future of Software Supply Chain Security

Focus on Open Source Security: Chainguard aims to provide a secure source for open source code, addressing the risks associated with the widespread use of open source software in modern applications.

Industry Recognition Post-SolarWinds: The importance of software supply chain security became mainstream after the SolarWinds breach in December 2020, highlighting vulnerabilities in the software development process.

Founding Story: Inspired by the increasing attention on software supply chain security, Dan and his co-founder Matt decided to leverage their experience at Google to address these challenges, officially launching Chainguard in October 2021.

Initial Funding and Market Timing: Chainguard was founded during a peak period for venture capital investment, enabling them to secure initial funding quickly and focus on exploring market needs.

Strategic Pivot: Early on, Chainguard experimented with multiple products before pivoting to focus on the one with the greatest demand, resulting in a successful transition and growth in revenue.

Marketing and Awareness: Chainguard invested heavily in brand awareness through social media, PR, and content creation, aiming to be recognized as a leader in the software supply chain security space.