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Fortune
Fortune
Allie Garfinkle

Exclusive: Chainguard raises $140 million Series C

three men lean towards one another for a photo while sitting at a dinner table (Credit: Chainguard)

All nice places are alike, but every dive bar is divey in its own way. 

That’s what Chainguard CEO and cofounder Dan Lorenc once said, invoking Tolstoy’s Anna Karenina to explain his affinity for Hi-Dive, a dive bar on San Francisco’s Embarcadero. Walking into Hi-Dive feels vaguely like stepping into a submarine—the ceiling’s low, the water’s near, and the lights are dim or neon, even in the dead of a Friday afternoon. 

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