Cloudsmith, a Belfast, Northern Ireland-based cloud-native artifact management platform, has raised $23 million in Series B funding.
Investors
The round was led by TCV, with participation from Insight Partners and existing investors MMC, Frontline, Techstart, Sorenson, Tapestry, and Shasta.
TCV is a growth equity investor, partnering with global, category-defining technology companies. TCV’s mission is to provide long-term capital and support to high-quality management teams throughout their growth journeys. The TCV Velocity strategy complements the TCV Growth strategy by focusing on earlier-stage opportunities in strategic IT sectors. It leverages TCV's expertise, a network of advisors, and growth acceleration credentials.
Cloudsmith Use of Funds
The company will use the funds to expand sales, marketing, and customer success teams, as well as to further innovate in software supply chain security features and invest in AI R&D.
About Cloudsmith
Founded in 2018 by Lee Skillen and Alan Carson, Cloudsmith is a cloud-native artifact management platform designed to help enterprises secure, scale, and manage their software supply chains. The company offers real-time observability, compliance, and security across diverse development environments, languages, and technologies. Cloudsmith's platform is used for DevOps, CI/CD, and software supply chain security to ensure control, compliance, and scalability. Headquartered in Belfast, Northern Ireland, the company serves enterprises, including Fortune 500 and Global 2000 companies.
Funding Details
Company: Cloudsmith, Ltd.
Raised: $23.0M
Round: Series B
Funding Date: March 2025
Lead Investor: TCV
Additional Investors: Insight Partners, MMC, Frontline, Techstart, Sorenson, Tapestry, Shasta
Company Website: https://cloudsmith.com/
Software Category: Artifact Management and Software Supply Chain Security
Source: https://www.businesswire.com/news/home/20250303827691/en/