Cloudsmith, a cloud-native universal artifact management platform serving some of the world’s largest enterprises, has closed a $72m Series C funding round co-led by TCV and Insight Partners, alongside contributions from other existing investors.
The raise, which comes just one year after Cloudsmith’s Series B, will be directed towards accelerating product development and expanding the company’s go-to-market capabilities. TCV led the previous round and has returned to co-lead alongside Insight Partners for this latest raise, reflecting continued investor conviction in Cloudsmith’s leadership, product and market position.
The investment arrives as enterprises increasingly move away from legacy tools in favour of cloud-native infrastructure capable of keeping pace with AI-driven software development. Fortune 500 and Global 2000 companies are among the existing customers upgrading to Cloudsmith’s platform, while businesses adopting AI coding agents are turning to the company to provide governance and guardrails across their software supply chains.
The artifact management market has been fundamentally altered by the rise of agentic software development. As AI coding agents produce code at an accelerating pace, the resulting software artifacts and dependencies are creating an expanding attack surface that has risen to board-level concern. Enterprises must now manage increasingly large software supply chains spanning open-source libraries, internal packages and third-party dependencies, all while facing mounting regulatory pressure to demonstrate that AI-generated software is secure by design.
Cloudsmith’s platform addresses this challenge directly, giving engineering teams the scale and visibility required to govern every package at every stage of the development process. By offering a broad view across the open-source ecosystem, the platform is designed to help enterprises identify and mitigate the types of threats that AI-driven development introduces.
Cloudsmith CEO Glenn Weinstein said, “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.”
TCV partner Morgan Gerlak said, “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.”
Insight Partners managing director Thomas Krane said, “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.”
DepthFirst, an applied AI lab focused on securing software infrastructure, recently raised $80m in a Series B funding round.
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