Cloudsmith

Cloudsmith

Managed solution for software supply chain management

About Cloudsmith

Simplify's Rating
Why Cloudsmith is rated
A+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A+ on Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

51-200

Company Stage

Series B

Total Funding

$51.4M

Headquarters

Belfast, United Kingdom

Founded

2016

Overview

Cloudsmith provides a managed service for managing software supply chains. Their platform allows companies to control, secure, and distribute software artifacts, which are essential components in software development. By utilizing cloud-native technology, Cloudsmith helps organizations operate efficiently at a large scale, minimizing risks and simplifying the build process. Unlike many competitors, Cloudsmith focuses on seamless integration and ease of use, enabling developers to concentrate on their work without worrying about the complexities of artifact management. The main goal of Cloudsmith is to enhance the productivity of development teams by providing a reliable and straightforward solution for software supply chain management.

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Simplify's Take

What believers are saying

  • Cloudsmith raised $23 million in Series B funding to enhance operations.
  • Belfast's growth as a tech hub supports Cloudsmith's expansion and talent acquisition.
  • The appointment of a former Sonatype CMO can boost market penetration and brand recognition.

What critics are saying

  • Increased competition from Belfast startups like SideQuest and Weev could threaten market position.
  • Rapid evolution of financial crime tactics necessitates continuous security updates for Cloudsmith.
  • Perception of risk and compliance as necessary evils may hinder Cloudsmith's growth and innovation.

What makes Cloudsmith unique

  • Cloudsmith offers a cloud-native artifact management platform for software supply chain security.
  • The Enterprise Policy Manager integrates compliance and governance into software development processes.
  • Cloudsmith's observability suite provides insights into artifact usage, security, and compliance.

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Funding

Total Funding

$51.4M

Meets

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

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$65M
Substack
$100M
ClickUp

Company News

PYMNTS
Mar 3rd, 2025
How Back-Office Leaders Are Selling The C-Suite On Risk And Compliance

The payments and financial services landscapes remain in flux, and that continues to create opportunities for bad actors. With regulatory and cyber risk landscapes becoming increasingly complex, while at the same time financial crime tactics are growing more sophisticated, organizations cannot afford to remain reactive. The challenge, however, lies in convincing the C-suite that compliance is not merely a cost center or a bureaucratic necessity, but a critical enabler of growth, efficiency and competitive advantage. At the center of the dilemma is the reality that risk and compliance functions are often perceived as necessary evils — departments that slow innovation in the name of control

EU-Startups
Mar 3rd, 2025
Cloudsmith raises €21.9 million to secure the future of software supply chains | EU-Startups

Belfast-based Cloudsmith, a cloud-native artifact management platform for software supply chain security, has raised a €21.9 million Series B funding

Silicon Canals
Mar 3rd, 2025
Cloudsmith Raises $23M Series B to Secure the Future of Software Supply Chains

BELFAST, Northern Ireland - (BUSINESS WIRE) - Cloudsmith, the cloud-native artifact management platform redefining software supply chain security, has raised a $23 million Series B funding round led by TCV, with participation from Insight Partners and existing investors.

Cofounder AI
Mar 3rd, 2025
Cloudsmith Secures $23M to Enhance Software Supply Chain Defense

To further this mission, Cloudsmith recently announced that it has raised $23 million in a Series B round.

The Irish Times
Mar 3rd, 2025
Belfast's Cloudsmith raises $23m in funding

Belfast-headquartered software supply chain management firm Cloudsmith has raised $23 million (€22 million) in funding to help grow its operations.

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