Cloudsmith secures $23 million in Series B funding, poised for significant growth in software supply chain management.

Target Information

Cloudsmith is a cloud-native artifact management platform founded by Alan Carson and Lee Skillen in 2019. The company has gained notable traction in the market, providing essential services for managing software artifacts securely. With a focus on addressing the complexities of modern software development, Cloudsmith has attracted a diverse clientele, including industry leaders such as PagerDuty, Shopify, Kandji, Ford, and American Airlines. Recently, they secured a $23 million investment in their Series B funding round, signaling their potential to become a significant player in the software supply chain sector.

As of 2023, Cloudsmith's growth has been further accelerated by the appointment of Glenn Weinstein, former Chief Customer Officer at Twilio, as the new CEO. Under his leadership, Cloudsmith is expanding its commercial presence in the United States while maintaining its operational hub in Belfast, which is recognized as one of the fastest-growing software development locations.

Industry Overview

The software supply chain management industry is experiencing rapid transformation, driven by the increasing complexity of software systems and the need for efficient code deployment solutions. With organizations relying on