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

Cloudsmith Overview

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

United KingdomBelfast

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

Cloudsmith funding rounds
DateStageInvestorsRaisedDeal Summary
Apr 2026Series CTCV (lead); Insight Partners$72MCloudsmith 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 2025Series BTCV (lead); Techstart Ventures; Sorenson Capital; Frontline Ventures; Shasta Ventures; Insight Partners; MMC Ventures; Tapestry VC$24MCloudsmith, 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 2023Series AMMC Ventures (lead)$11MCloudsmith 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 2021Series ATiger Global (lead); Shane Curran; Techstart Ventures; Scott Johnston; Leadout Capital; Sorenson Capital; Frontline Ventures; Sarah Friar; Shasta Ventures; MMC Ventures; Amaranthine; Tapestry VC$15MCloudsmith, 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 2019SeedFrontline Ventures (lead); Techstart Ventures; MMC Ventures$3MCloudsmith 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 2019Pre-seedTechstart 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

Investors in Cloudsmith by funding rounds participated
InvestorHQRoundsRoleFirst check
Techstart VenturesUnited KingdomBelfast4LeadJan 2019
MMC VenturesUnited KingdomLondon4LeadNov 2019
Frontline VenturesUnited KingdomLondon3LeadNov 2019
TCVUnited StatesSan Francisco, CA2LeadMar 2025
Sorenson CapitalUnited StatesSalt Lake City, UT2ParticipantSep 2021
Shasta VenturesUnited StatesUnited States2ParticipantSep 2021
Insight PartnersUnited StatesNew York City, NY2ParticipantMar 2025
Tapestry VCUnited KingdomLondon2ParticipantSep 2021
Shane CurranIrelandIreland1ParticipantSep 2021
Scott JohnstonUnited StatesSan Francisco, CA1ParticipantSep 2021
Leadout CapitalUnited StatesSan Francisco, CA1ParticipantSep 2021
Tiger GlobalUnited StatesNew York City, NY1LeadSep 2021

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Cloudsmith Competitors

Cloudsmith competitors include listed companies like Cloudflare, MongoDB, JFrog and GitLab, and private ones like LaunchDarkly and Sentry.

Public and private companies comparable to Cloudsmith
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CloudflareUnited StatesUnited StatesPublicly listed$2.2B($25M)$119B44.3x
MongoDBUnited StatesUnited StatesPublicly listed$2.5B($104M)$32B10.4x
JFrogUnited StatesUnited StatesPublicly listed$532M($67M)$12B17.4x
GitLabUnited StatesUnited StatesPublicly listed$955M($82M)$8.4B6.7x
LaunchDarklyUnited StatesSan Francisco, CAPrivate--$3B-
SentryUnited StatesSan Francisco, CAPrivate$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Cloudflare$2.2B($25M)54.6x44.3x(4653.4x)185.1x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
Atlassian$6.6B$142M7.4x7.2x342.1x23.7x
MongoDB$2.5B($104M)11.9x10.4x(282.5x)49.6x
DigitalOcean$901M$343M18.2x14.9x47.9x37.7x
JFrog$532M($67M)20.3x17.4x(159.9x)88.4x
Elastic$1.7B$35M4.9x4.6x244.4x25.5x

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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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