• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Software supply chain platform Cloudsmith raises $15M Series A led by Tiger Global

September 22, 2021 by David Barret Leave a Comment

Cloudsmith, a cloud platform for software supply chain management, has raised a $15 million Series A funding round led by Tiger Global, which it claims is the largest ever Series A funding round in Northern Ireland since 2005 (according to PitchBook data). The company plans to use the new funding to hire 60 new employees and expand its US sales and engineering teams.

Other investors in the round include Shasta, Amaranthine, Sorenson, and Leadout Capital as well as previous investors Frontline, MMC, and Techstart. Docker CEO Scott Johnston, Nextdoor CEO Sarah Friar, and Puppet CEO Yvonne Wassenaar also participated in the round.

The Belfast-headquartered startup allows businesses to manage all the incoming software it uses via the cloud, meaning you don’t have to have dedicated support staff in the office which requires dedicated staffing, VPNs, and licenses.

Cloudsmith says its software scans for security vulnerabilities and has customers in Europe, the US, the Middle East, and Australia, including the Internet Systems Consortium, Carta, and Font Awesome.

Cloudsmith was founded in 2016 by former NYSE developers Alan Carson and Lee Skillen and announced a £2.1 million seed investment round led by Frontline Ventures, MMC Ventures, and Techstart in 2019.

Alan Carson, Co-Founder & CEO of Cloudsmith, said: “Cloudsmith was built to tackle the complexity of managing software assets, which is a key challenge for any company to secure their software supply chains. Our service allows our customers to track and control the distribution of any software asset and provides tooling to minimize the risks of utilizing open-source software. It’s a massive problem for the whole industry and our investors, led by Tiger Global, understand the need for a fully managed cloud-native solution that Cloudsmith provides.”

Vidya Raman, Principal at Sorenson Ventures, said: “While package management is by no means a new or flashy software space, it is a critical component of the software development lifecycle. The need for both cloud-native software development and secure software supply chains has resulted in the need to reinvent package management. That’s where Cloudsmith’s Continuous Packaging platform has come in and continues to lead that market. It is in the new world that Cloudsmith truly shines.”

Speaking to TechCrunch over a call, Carson added: “If you think about the last 10 years, it’s been about, building automated pipelines. For companies to do deployments or distribute their software to other companies, they need tools, but they also need to move the assets around and store the assets that are both being pulled into that process and generated by that process and that’s what CloudSmith ultimately does.”

He added: “Other companies tend to have legacy solutions. Our product is fully managed and makes it a lot easier for companies. They don’t have to put any resource behind keeping it up, we’ll handle it for them. So the total cost of ownership is lower. And they can spend more time actually crafting the software rather than worrying about how to store and distribute it within their internal systems.”

Source Link Software supply chain platform Cloudsmith raises $15M Series A led by Tiger Global

David Barret
David Barret

Related posts:

  1. Athletics-Tamberi hopes to finish season on a high in Zurich
  2. Alleged victim of Madrid homophobic attack says injuries were consensual – Interior Ministry
  3. Tumblr’s subscription product Post+ enters open beta after much scrutiny from users
  4. JPMorgan Chase acquires college financial planning platform Frank

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • An Alien-Like Fish With A See-Through Head And Green Eyes Lurks In The Ocean’s Dark Depths
  • Africa Wants To Change Misleading World Map, The “Wow!” Signal Was Likely From An Extraterrestrial Source, And Much More This Week
  • A “Good Death”: How Do Doctors Want To Die?
  • People Are Throwing Baby Puffins Off Cliffs In Iceland Again – But Why?
  • Yet Another Ancient Human Skull Turns Out To Be Denisovan
  • Gen Z Might Not Be On Course For A Midlife Crisis – Good News, Right? Wrong
  • Glowing Plants, Punk Ankylosaur, And Has The Wow! Signal Been Solved?
  • Pulsar Fleeing A Supernova Spotted Where Neither Of Them Should Be
  • 20 Years After Hurricane Katrina: Is It Time For A New Approach To Hurricane Classification?
  • Dog Named Scribble Replicates Quantum Factorization Records – So We Tried It Too
  • How Old Is The Solar System? (And How Can We Tell?)
  • Next Week, A Record-Breaking Over 7 Billion People Will See The Total Lunar Eclipse
  • The Goblin Shark Has The Fastest Jaws In The Ocean, Firing Like A Slingshot At Speeds Of 3.1-Meters-Per-Second
  • We Thought Geological Boundaries Were Random. Now, A New Study Has Identified Hidden Patterns
  • Do Fish Sleep?
  • The Biblical Flood Myth That Inspired Noah’s Ark Had A Sinister Twist
  • Massive Review Of 19 Autism Therapies Finds No Strong Evidence And Lack Of Safety Data
  • Giant City-Swallowing Cracks In Earth’s Surface Are A “New Geo-Hydrological Hazard”
  • Three Incredible Telescopes Looked At The Butterfly Nebula To Learn Where Earth Came From
  • The Pacific Ocean Is So Vast It Contains Its Own Antipodes
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version