Cloudsmith Raises $72 Million in Series C Funding
Summary
Cloudsmith raised $72 million in a Series C round led by TCV. The software artifact platform says it detects vulnerabilities and malicious code in packages and uses policies to control distribution.
Key points
- The Series C round was led by TCV, with participation from Insight Partners and previous investors.
- The funding brings Cloudsmith’s total raised to $124 million.
- Cloudsmith says its platform can find vulnerabilities and malicious code in software packages.
- Package policies can approve verified packages and block those identified as rogue.
- The platform provides visibility and control across packages, containers, and ML models.
- Cloudsmith plans to use the funding for go-to-market efforts and product development.
Article Details
- Event Type
- Series C funding announcement
- Impact
- Cloudsmith raised $72 million, bringing its total funding to $124 million. The company said the funding will support go-to-market efforts and product development for its platform, which helps enterprises manage software artifacts and dependencies, detect vulnerabilities and malicious code in packages, and control package distribution.