Existing investors TCV and Insight Partners double down as Cloudsmith replaces legacy artifact management incumbents and builds the platform for the era of AI-driven software development
BELFAST, Northern Ireland – Cloudsmith, the universal artifact management platform trusted by some of the world’s leading enterprises, today announced a $72M Series C financing led by TCV and with participation from Insight Partners, along with investments from other existing investors. The additional funding positions Cloudsmith for massive growth to power the era of AI-driven software development.
The additional investment, one year after Cloudsmith’s Series B, follows a period of strong year-over-year growth, as enterprises seek modern infrastructure that keeps pace with the speed and scale of AI-generated software. Increasing numbers of existing customers, including Fortune 500 and Global 2000 companies, are replacing legacy tools and upgrading to Cloudsmith’s cloud-native platform. At the same time, enterprises that adopt AI-coding agents are turning to Cloudsmith to provide the guardrails and governance their software supply chains require. Cloudsmith will use the funding to accelerate product development and expand its go-to-market capabilities.
“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.
TCV and Insight Partners’ decision to reinvest reflects their track record of backing category-defining software infrastructure companies and their conviction in Cloudsmith’s leadership, product, and market position.
“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.
The investment comes at a defining moment for the artifact management market. The domain 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. Enterprises must manage ever-larger software supply chains, which span open source libraries, internal packages, and third-party dependencies, all while facing growing regulatory pressure to prove that AI-generated software is secure by design.
Cloudsmith is built for this reality. Its platform gives engineering teams the scale and visibility needed to govern every package, at every stage, providing the confidence to move fast without compromising security or control.
