Cloudsmith Raises $72 Million to Bolster Software Security for AI-Driven Development

Cloudsmith, a cloud-native software artifact management platform founded in Belfast, UK, in 2016, provides centralized management of open-source packages, internal code and third-party dependencies. As AI coding agents generate code at scale, manual review has become impractical. The growing risks from malicious packages, vulnerabilities and compliance failures have made software supply-chain governance a key enterprise cybersecurity priority.

Cloudsmith announced on April 23, 2026, that it had completed a $72 million Series C funding round led by TCV, with participation from Insight Partners and existing investors. The round brought its total funding to $124 million. Cloudsmith will use the proceeds to accelerate product development and market expansion while strengthening package scanning, policy controls, auditing and global artifact distribution.