Chainguard is a startup that operates in the supply chain risk management sector. It provides a unique service of conducting audits to identify both internal and external supply chain risks. The company then provides detailed reports with suggested remediations, improvements, and next steps to help businesses mitigate these risks. Chainguard's clients are businesses that rely on supply chains, particularly those that use software supply chains.

The company's business model is centered around providing a service that enhances the integrity of software supply chains. They do this by offering a curated base container image distro, which is essentially a version of a software package that has been carefully selected and organized. This allows businesses to quickly and easily change their software over to use the Chainguard Image, which is designed to be secure and efficient.

Chainguard makes money by charging for these audits and the subsequent reports. They also generate revenue from the use of their curated base container image distro. The company recently raised $61 million, indicating strong investor confidence in its business model and growth potential.

In addition to audits, Chainguard also offers supply chain observability services. This allows businesses to know what's running, where it came from, and what dependencies they have. This service is particularly useful for businesses that need to meet industry standards and frameworks.

Keywords: Supply Chain, Risk Management, Audits, Software Supply Chain, Base Container Image Distro, Chainguard Image, Supply Chain Observability, Industry Standards, Remediations, Business Model.