Chainguard Raised $50M, Wrench’s Acquisition, and More Seattle Tech News

Catch up on the Seattle tech news you may have missed last week.

Written by Jeff Rumage
Published on Jun. 06, 2022
Chainguard Raised $50M, Wrench’s Acquisition, and More Seattle Tech News
Seattle refresh
Photo: Shutterstock

The weather forecast may call for rain, but with it comes green grass, blooming flowers and fertile soil for growth. The Seattle tech scene is also poised for growth with a big $50 million funding round, an acquisition and a new biotech facility. Catch up on the tech news you may have missed with the Built In Seattle Weekly Refresh.

Wrench acquired YourMechanicWrench is a Seattle-based company that dispatches auto technicians to meet you where you are. With the acquisition of YourMechanic, the mobile mechanic company will be able to service more than 20,000 vehicles per month across 35,000 zip codes. [Built In Seattle]

Sana Biotechnology announced a new Bothell manufacturing facility. The Seattle startup working to treat diseases through gene repair announced that it will develop and lease an 80,000-square-foot manufacturing facility in Bothell instead of leasing a space in Fremont, California. The company projects the move will save more than $100 million over three years. [Seattle Inno]

seattle tech quote of the week

“Security engineers are used to reasoning with roots of trust by using two-factor authentication and identification systems and establishing trust with hardware by using encryption keys. But we don’t have that for source code and software artifacts today. Our vision is to connect these roots of trust throughout the development lifecycle and across the software supply chain and give developers and CISOs alike confidence in the code they’re running in production and the integrity of their systems.” — Dan Lorenc, co-founder and CEO of Chainguard

Chainguard raised $50M. The Kirkland-based cybersecurity firm helps safeguard companies from software supply chain attacks by tracking and verifying who produced an artifact in the code. The Series A round, led by Sequoia Capital and joined by Mantis VC, was preceded by a $5 million seed round last year. [Built In Seattle]

Smart product developer Mason hired Brian Hook as CTO. Like Mason’s CEO Nancy Xiao, Hook previously worked at Oculus. When Facebook — now Meta — acquired the company, Hook continued to work on the VR technology, but he also branched out to work on Portal and the Facebook app’s Marketplace feature, according to his LinkedIn page. [Seattle Inno]

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