Cloudsmith

Investor: TCV

Belfast-based cloud-native artifact management platform Cloudsmith has successfully raised a £53.4 million ($72 million) Series C funding round. The investment was led by TCV, with participation from Insight Partners and returning existing investors. Summary of transaction details: Value: £53.4 million ($72 million) Series C Sector: DevSecOps / Software Infrastructure Advisor: Not disclosed Key Entities: Target: Cloudsmith; Lead Investor: TCV; Participating Investor: Insight Partners; Key Executive: Glenn Weinstein (CEO) Location: Belfast, UK Note: Coming just a year after their £18 million Series B, this funding highlights the urgent market need for robust software governance in the age of artificial intelligence. As AI coding agents generate code at an unprecedented velocity and volume, it has become nearly impossible for human engineers to manually review all resulting software artifacts and dependencies. Cloudsmith addresses this massive security gap by providing engineering teams with the infrastructure to manage, secure, and govern packages across all formats and environments. This Series C capital will accelerate product development and expand their global go-to-market capabilities.

Investor: TCV

Cloudsmith, a Belfast-based software supply chain company, has successfully closed a £18 million ($23 million) Series B venture capital funding round. The investment was led by California's TCV, with additional backing from Insight Partners and existing investors, including MMC, Frontline, Techstart, Sorenson, Tapestry, and Shasta.Summary of transaction details:Value: £18,000,000Sector: Software & SaaSAdvisor: None mentionedKey Entities: Target: Cloudsmith; Lead Investor: TCV; Other Investors: Insight Partners, MMC, Frontline, Techstart, Sorenson, Tapestry, ShastaLocation: Belfast, Northern Ireland (Target)Note: This Series B funding will enable Cloudsmith to accelerate its mission to redefine artifact management by expanding its sales, marketing, customer success teams, and investing further in R&D, addressing the evolving needs of software development and cybersecurity.