Side-by-side comparison of AI visibility scores, market position, and capabilities
Seattle software supply chain security (founded 2021); $892M+ raised, $3.5B valuation (Apr 2025), $40M ARR growing 640% YoY with zero-CVE container images for ANZ Bank/Canva/GitLab competing with Snyk for DevSecOps.
Chainguard is a Seattle, Washington-based software supply chain security company — having raised over $892 million total including a $356 million Series D in April 2025 at a $3.5 billion valuation and an additional $280 million growth financing from General Catalyst's Customer Value Fund in late 2025 — providing enterprises with hardened open source container images and virtual machine base images rebuilt from source daily with zero known CVEs (common vulnerabilities and exposures), eliminating the vulnerability debt that accumulates in standard open source distributions. Founded in 2021 by CEO Dan Lorenc (9 years at Google securing code and infrastructure), Kim Lewandowski (Google representative on the Open Source Security Foundation Governing Board), Matt Moore (Google, creator of the original "distroless" container image), and Ville Aikas (co-founder of Kubernetes), Chainguard's founding team pioneered the open source supply chain security concepts — sigstore (code signing), SLSA (supply chain levels for software artifacts), and distroless containers — that became CISA and NIST software security standards. The company grew from ~$5 million ARR in 2023 to $40 million ARR by January 2025 (640% year-over-year growth) and projects exceeding $100 million ARR before end of 2026. Chainguard serves 150+ paying enterprise customers including ANZ Bank, Canva, GitLab, HPE, Snap, Wiz, and Anduril.
Open-source password manager with $100M PSG Series C and 2025 Cybersecurity Breakthrough Award; self-hosted deployment option competing with 1Password and LastPass after post-breach migration accelerated growth.
Bitwarden is a Santa Barbara-based open-source password manager and identity security platform — backed with $100 million raised in a Series C led by PSG in September 2022 — providing individuals, teams, and enterprises with a secure, end-to-end encrypted vault for passwords, passkeys, secure notes, and sensitive data with sync across unlimited devices. With 148 employees and winner of the 2025 Cybersecurity Breakthrough Awards Password Management Solution of the Year, Bitwarden differentiates from proprietary password managers through its fully open-source architecture (client, mobile, server, and browser extension codebases all public on GitHub) that enables security audits by the community and self-hosted deployment for organizations with strict data sovereignty requirements.
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