Cloudsmith raises €61.5 million Series C to control and secure AI-driven software supply chains

Belfast-based Cloudsmith, a universal artifact management platform, today announced a €61.5 million ($72 million) Series C financing to power the era of AI-driven software development.

The round was led by TCV, with participation from Insight Partners, along with investments from other existing investors. In 2025, the company raised a €21.9 million Series B funding round, also led by TCV. 

“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,” Glenn Weinstein, CEO of Cloudsmith.

Founded in 2016, Cloudsmith is the artifact management platform built for the age of AI. As AI coding agents transform the pace and scale of software development, Cloudsmith gives engineering teams the infrastructure to manage, secure, and govern every package across every format and environment. Built cloud-native from the ground up, Cloudsmith claims to provide the visibility and supply chain controls that modern enterprises need to ship with confidence. 

According to the company, the artifact management market has been fundamentally reshaped by AI agentic software development. “As AI coding agents generate code at unprecedented velocity and volume, the software artifacts and dependencies they produce introduce an expanding threat surface that is now a board-level concern,” mentions Cloudsmith. 

It states that companies need to handle increasingly extensive software supply chains, including open source libraries, internal packages, and third-party dependencies, while also dealing with escalating regulatory demands to demonstrate that AI-generated software is secure by design.

Cloudsmith is designed for this environment. Its platform offers engineering teams the scale and visibility required to manage every package throughout all stages, enabling quick progress without compromising security or oversight.

The additional investment, made one year after Cloudsmith’s Series B, comes amid a period of robust year-over-year growth. The company reported that an increasing number of existing customers, including Fortune 500 and Global 2000 companies, are replacing legacy tools and upgrading to Cloudsmith’s cloud-native platform. 

Meanwhile, enterprises using AI-coding agents are choosing Cloudsmith to ensure proper guardrails and governance for their software supply chains, says the company. 

“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.

Cloudsmith plans to use the funding to accelerate product development and expand its go-to-market capabilities.

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