Cloudsmith has successfully raised $72 million in its Series C funding round, led by TCV, with strong participation from Insight Partners and continued backing from existing investors. With this latest investment, the company is now strategically positioned to accelerate its growth and support the rapidly evolving landscape of AI-powered software development.
Notably, this funding comes just a year after Cloudsmith’s Series B round, highlighting its impressive year-over-year growth. As enterprises increasingly adopt AI-driven development, they actively seek modern, scalable infrastructure to keep up with the speed and complexity of AI-generated code. Consequently, many Fortune 500 and Global 2000 companies are transitioning away from legacy systems and embracing Cloudsmith’s cloud-native platform.
At the same time, organizations deploying AI coding agents are relying on Cloudsmith to introduce essential governance, visibility, and security into their software supply chains. With this new capital, the company plans to further enhance its product capabilities while simultaneously expanding its go-to-market strategies to capture a larger global audience.
“Cloudsmith is the only platform built for the way software is being developed today — by AI agents. We’re never going back to hand-crafted software. 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. TCV and Insight Partners both recognise this profound shift, and their backing is helping Cloudsmith scale up for the massive wave of adoption of AI agents across enterprise software teams,” said Glenn Weinstein, CEO of Cloudsmith.
Moreover, both TCV and Insight Partners reaffirmed their confidence in Cloudsmith by reinvesting, emphasizing their belief in the company’s ability to lead the artifact management space in the AI era.
“Having led Cloudsmith’s Series B and now its Series C, TCV is proud to deepen our partnership with a company we see as defining artifact management for the AI era. As AI shapes the software supply chain, we believe Cloudsmith is uniquely positioned to become a platform enterprises rely on for compliance, control, and security at global scale,” said Morgan Gerlak, Partner at TCV.
“In an era increasingly defined by AI-driven development, securing the software supply chain is critical. As a cloud-native offering, Cloudsmith is well positioned to do this – providing the scale and reliability needed to help power enterprise and AI-driven builds and mitigate emerging risks. We believe in Cloudsmith’s vision to secure the software supply chain by serving as a curated, AI-ready solution for enterprises of all sizes,” said Thomas Krane, Managing Director at Insight Partners.
Importantly, this investment arrives at a pivotal moment for the artifact management industry. As AI coding agents produce software at unprecedented speed and scale, they simultaneously introduce new vulnerabilities and expand the threat landscape. Therefore, enterprises must now manage increasingly complex software supply chains that include open-source components, internal packages, and third-party dependencies.
In addition, growing regulatory requirements are compelling organizations to prove that AI-generated software meets stringent security and compliance standards. In response, Cloudsmith’s platform delivers the scalability, control, and visibility that engineering teams need to securely manage every software artifact across its lifecycle.
Ultimately, Cloudsmith continues to position itself as a critical enabler for enterprises aiming to innovate quickly while maintaining robust security and governance in an AI-driven world.
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