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- Cloudsmith
Cloudsmith Funding, Investors & Competitors
Cloudsmith has raised $125M across 6 funding rounds, most recently a $72M Series C in April 2026.
Last Cloudsmith funding round
$72M
Series C · Apr 2026
Cumulative funding Cloudsmith raised
$125M
across 6 funding rounds
Key investors in Cloudsmith
MMC Ventures
Techstart Ventures
Frontline Ventures
Insight Partners
Shasta Ventures
TCV
Sorenson Capital
Tapestry VC
About Cloudsmith
Cloudsmith is a London-headquartered platform for universal package management in software development workflows. It hosts and secures artifacts in formats like Docker containers, npm packages, Maven repositories, PyPI distributions, RubyGems, Debian, and Helm charts. Developers benefit from repository scanning, vulnerability detection, and integration with identity providers such as Okta and Azure AD. The service supports public and private feeds, API-driven automation, and analytics for usage across CI/CD pipelines in multi-cloud setups.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Cloudsmith Funding History
Cloudsmith has raised a total of $125M across 6 funding rounds.
Cloudsmith's first fundraising round was a $200K pre-seed round in January 2019. The most recent completed round was a $72M Series C in April 2026.
Cloudsmith funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2026 | Series C | TCV (lead); Insight Partners | $72M | Cloudsmith raised $72M in a Series C funding round led by TCV, with participation from Insight Partners and other existing investors. TCV and Insight Partners doubled down from prior rounds, bringing total funding raised to $124M. The funding supports accelerated product development, go-to-market expansion, hiring, and enhancements in cybersecurity controls and AI-powered automation to secure AI-driven software supply chains and replace legacy artifact management systems. It positions Cloudsmith for enterprise expansion amid rising AI threats and validates 103% YoY ARR growth. Cloudsmith, a Belfast, Northern Ireland-based universal cloud-native artifact management platform, serves enterprises managing application components and software supply chains. The company achieved the largest funding round in Northern Ireland tech history. |
| Mar 2025 | Series B | TCV (lead); Techstart Ventures; Sorenson Capital; Frontline Ventures; Shasta Ventures; Insight Partners; MMC Ventures; Tapestry VC | $24M | Cloudsmith, a Belfast-based cloud-native artifact management platform, raised $23 million in an oversubscribed Series B funding round on March 3, 2025, led by TCV with participation from Insight Partners and existing investors including Frontline Ventures, MMC Ventures, Shasta Ventures, Sorenson Capital, Tapestry VC, and Techstart Ventures. The platform provides enterprises with control, security, and scalability for software supply chains, positioning itself as a modern, developer-friendly alternative to legacy solutions from JFrog and Sonatype. The funding brings total outside investment to over $40 million, following a prior Series A of $26 million completed in 2023. The capital will support global expansion, particularly in the U.S. market which accounts for 75% of revenue, by scaling sales, marketing, and customer success teams to target larger enterprise accounts. Funds will also drive product innovation in software supply chain security features and AI R&D to enhance real-time observability, compliance with regulations like the U.S. Executive Order on Cybersecurity and EU's DORA, and handle mission-critical workloads at near-infinite scale. In the prior year, Cloudsmith achieved nearly 150% growth, added Fortune 500 customers, and saw a fivefold increase in average deal size. Leadership comments highlight the strategic importance of artifact management in DevOps amid rising supply chain threats. TCV Partner Morgan Gerlak noted Cloudsmith's role in enabling enterprises to control, secure, and distribute software. CEO Glenn Weinstein emphasized adapting to changes in software build processes for developers, cybersecurity professionals, and platform engineers. Co-founder Alan Carson credited the leadership transition and U.S. focus for achieving category leadership, with most of the 100-person team remaining in Belfast. |
| Nov 2023 | Series A | MMC Ventures (lead) | $11M | Cloudsmith is a Belfast-headquartered company providing a cloud-native artifact management platform for software supply chain security, storage, management, and distribution. It serves enterprises needing control, security, and scalability, positioning as a modern alternative to legacy offerings from JFrog and Sonatype, with clients including Shopify, PagerDuty, Font Awesome, HP, and EnterpriseDB. On November 28, 2023, Cloudsmith raised $11 million in a Series A2 financing round led by MMC Ventures, bringing total funding to $28.9 million. Existing investors including MMC, Frontline, Techstart, Sorenson, Tapestry, and Shasta participated. The funds will scale operations, enhance the platform, expand sales and customer success, and support growth amid surging demand for secure software supply chains driven by cybersecurity threats. The round followed the appointment of CEO Glenn Weinstein to accelerate growth, with 75% of revenue from U.S. customers and increasing demand from the UK, Germany, and Australia. Cloudsmith maintains its Belfast headquarters as a tech hub benefiting from UK and EU market access. |
| Sep 2021 | Series A | Tiger Global (lead); Shane Curran; Techstart Ventures; Scott Johnston; Leadout Capital; Sorenson Capital; Frontline Ventures; Sarah Friar; Shasta Ventures; MMC Ventures; Amaranthine; Tapestry VC | $15M | Cloudsmith, a Belfast-headquartered cloud-native platform for software supply chain management, raised a $15 million Series A funding round on September 21, 2021, led by Tiger Global. The round included investors Shasta Ventures, Amaranthine, Sorenson Capital, Leadout Capital, Frontline Ventures, MMC Ventures, Techstart Ventures, alongside Docker CEO Scott Johnston, Nextdoor CEO Sarah Friar, and Puppet CEO Yvonne Wassenaar. Founded in 2016 by former NYSE developers Alan Carson and Lee Skillen, Cloudsmith enables businesses to manage, secure, and distribute software artifacts via the cloud, eliminating needs for on-premises staffing, VPNs, and licenses. The platform scans for security vulnerabilities and supports continuous packaging to minimize open-source risks. Customers include Internet Systems Consortium, Carta, and Font Awesome across Europe, the US, Middle East, and Australia. Proceeds funded hiring 60 employees and expanding US sales and engineering teams to scale operations and pursue global markets. The company had previously raised a £2.1 million seed round in 2019 led by Frontline Ventures, MMC Ventures, and Techstart Ventures. |
| Nov 2019 | Seed | Frontline Ventures (lead); Techstart Ventures; MMC Ventures | $3M | Cloudsmith is a cloud-native artifact management platform that enables enterprises to manage, secure, and distribute software assets in their supply chain. The company serves customers including Fortune 500 and Global 2000 firms seeking alternatives to legacy solutions from JFrog and Sonatype. Founded in 2016 by Alan Carson and Lee Skillen in Belfast, Northern Ireland, Cloudsmith focuses on developer-friendly tools for tracking software distribution and minimizing open-source risks. In November 2019, Cloudsmith raised a $2.73 million seed round led by Frontline Ventures, with participation from MMC Ventures, Techstart Ventures, Sorenson Ventures, TCV, Sarah Friar, and Shane Curran. The funding supported team expansion and accelerated product development for its cloud-native platform. This followed a January 2019 pre-seed round of approximately $200K from similar early backers. Cloudsmith continued growing, securing a $15 million Series A in September 2021 led by Tiger Global with investors including Frontline, MMC, and Techstart, and a $23 million Series B in March 2025 led by TCV. The company expanded its U.S. presence, with 75% of revenue from U.S. customers, and added enterprise clients like PagerDuty, Shopify, Ford, and American Airlines. |
| Jan 2019 | Pre-seed | Techstart Ventures (lead) | $200K | - |
Who has invested in Cloudsmith?
14 investors have backed Cloudsmith across its funding rounds, including MMC Ventures, Techstart Ventures, Frontline Ventures, Insight Partners, Shasta Ventures and TCV.
Lead investors include TCV, MMC Ventures, Tiger Global, Frontline Ventures and Techstart Ventures.
Cloudsmith Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Jan 2019 | ||
| 4 | Lead | Nov 2019 | ||
| 3 | Lead | Nov 2019 | ||
| 2 | Lead | Mar 2025 | ||
| 2 | Participant | Sep 2021 | ||
| 2 | Participant | Sep 2021 | ||
| 2 | Participant | Mar 2025 | ||
| 2 | Participant | Sep 2021 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Lead | Sep 2021 | ||
This data is available for Pro users. Sign up to see all 14 Cloudsmith investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialCloudsmith Competitors
Cloudsmith competitors include listed companies like Cloudflare, MongoDB, JFrog and GitLab, and private ones like LaunchDarkly and Sentry.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $2.2B | ($25M) | $119B | 44.3x | ||
| Publicly listed | $2.5B | ($104M) | $32B | 10.4x | ||
| Publicly listed | $532M | ($67M) | $12B | 17.4x | ||
| Publicly listed | $955M | ($82M) | $8.4B | 6.7x | ||
| Private | - | - | $3B | - | ||
| Private | $128M | - | $3B | - |
Cloudsmith Public Comps
Cloudsmith is still privately-owned, but its public comps include Snowflake, Cloudflare, Datadog, Atlassian, MongoDB, DigitalOcean, JFrog, Elastic, GitLab and Dameng Database.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $2.2B | ($25M) | 54.6x | 44.3x | (4653.4x) | 185.1x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
| $6.6B | $142M | 7.4x | 7.2x | 342.1x | 23.7x | |||
| $2.5B | ($104M) | 11.9x | 10.4x | (282.5x) | 49.6x | |||
| $901M | $343M | 18.2x | 14.9x | 47.9x | 37.7x | |||
| $532M | ($67M) | 20.3x | 17.4x | (159.9x) | 88.4x | |||
| $1.7B | $35M | 4.9x | 4.6x | 244.4x | 25.5x | |||
This data is available for Pro users. Sign up to see all Cloudsmith competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Cloudsmith
| When was Cloudsmith founded? | Cloudsmith was founded in 2016. |
| Where is Cloudsmith headquartered? | Cloudsmith is headquartered in Belfast, United Kingdom. |
| Is Cloudsmith publicly listed? | No, Cloudsmith is a private, VC-backed company. |
| How much funding has Cloudsmith raised? | Cloudsmith has raised $125M across 6 funding rounds. |
| What was Cloudsmith's last funding round? | Cloudsmith's last funding round was a $72M Series C in April 2026, led by TCV. |
| Who are Cloudsmith's investors? | Cloudsmith's investors include Techstart Ventures, MMC Ventures, Frontline Ventures, TCV, Sorenson Capital, Shasta Ventures, Insight Partners, Tapestry VC, Shane Curran, Scott Johnston and 4 others. |
| Which companies are comparable to Cloudsmith? | Companies comparable to Cloudsmith include Cloudflare, MongoDB, JFrog, GitLab, LaunchDarkly and Sentry. |
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