DEVOPSdigest

Cloudsmith raised a $23 million Series B funding round led by TCV, with participation from Insight Partners and existing investors.

Cloudsmith is used by enterprises that need control, security, and scalability in their software supply chain, and the company is cementing its position as the modern, developer-friendly, enterprise-scale alternative to legacy artifact management offerings. Cloudsmith’s cloud-native platform has proven to be a scalable solution for providing a standardized, compliance-driven approach to artifact management across hundreds of developer teams using disparate formats, programming languages, and technologies.

New capital from this oversubscribed funding round will go towards expanding sales, marketing, and customer success teams, innovation in software supply chain security product features, and investing in AI R&D.

"Cloudsmith was founded to redefine artifact management, and with this investment, we’re accelerating towards our mission at full scale," said Lee Skillen, Cloudsmith’s CTO and co-founder. "Alan [Carson] and I remain deeply committed to making Cloudsmith the definitive global leader in software supply chain security."

“The way software is built is fundamentally changing, making artifact management mission-critical for developers, cybersecurity professionals, and platform engineers alike,” said Glenn Weinstein, Cloudsmith’s CEO. “Enterprises need real-time observability, security, and control over their software supply chain. This new investment will help us to keep scaling up to meet the needs of the world’s largest and most complex organizations.”

Cloudsmith’s fully managed, globally distributed architecture helps engineering teams proactively mitigate risk without slowing down. Enterprise policy management, continuous security scanning, and integrations with third-party software supply chain security tools are making Cloudsmith indispensable for large enterprises.

Cloudsmith’s Belfast headquarters remains the heart of its global operations, with expansion plans across engineering, product, sales, and customer success to support its growing enterprise customer base. Cloudsmith serves a worldwide customer base, with 75% of revenue from U.S.-based customers.

Existing investors MMC, Frontline, Techstart, Sorenson, Tapestry, and Shasta continued their support, increasing their investments in Cloudsmith as part of this funding round.