SecurityWeek

Cloudsmith Raises $72 Million in Series C Funding


Artifact management platform Cloudsmith today announced raising $72 million in a Series C funding round that brings the total raised by the company to $124 million.

The new investment round was led by TCV, with additional support from Insight Partners and other previous investors.

Founded in 2016, Belfast, UK-based Cloudsmith provides a secure repository for software supply chains, helping enterprises keep pace with the speed at which AI agents build software.

The company tackles the expanding threat surface introduced by AI coding agents through artifacts and dependencies, helping enterprises manage large software supply chains spanning across open source, internal, and third-party dependencies.

The solution can automatically find vulnerabilities and malicious code within packages and apply policies to control package distribution, approving verified packages and blocking rogue ones.

Cloudsmith’s platform provides visibility and control over packages, containers, and ML models, and enables customers to build a chain of custody.

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It also helps organizations mitigate compliance issues, streamline operations through analytics, logging, and audits, and manage global artifact distribution to improve productivity.

The fresh funding allows the company to invest in go-to-market efforts and product development.

“AI agents generate so much software, so fast, it’s nearly impossible for humans to carefully review it all. Cloudsmith has the scale and the broad view across the open-source ecosystem to protect enterprises against the new kinds of threats that AI-driven development introduces,” said Cloudsmith CEO Glenn Weinstein.

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Related: Depthfirst Raises $80 Million in Series B Funding



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