Cloudsmith Raises $72 Million Series C Led by TCV

Overview

• Cloudsmith, which announced the round on Thursday, raised $72 million in Series C funding led by TCV with participation from Insight Partners and other existing investors.
• The company runs a cloud service that stores and governs software packages and dependencies so teams can see what goes into their apps and block untrusted components.
• Its platform scans packages for known flaws or malicious code, enforces policies that approve verified items and stop rogue ones, and tracks a chain of custody across packages, containers, and machine-learning models.
• The new capital will speed product work on security, compliance, and automation features and will also fund broader enterprise sales and market expansion.
• Backers point to a surge in AI coding agents that generate code and dependencies at high speed, which widens the attack surface and heightens regulatory and board scrutiny, while Cloudsmith—founded in 2016 in Belfast—has grown with Fortune 500 and Global 2000 customers replacing legacy on‑premise tools.