Balfast -based CloudsmithA Cloud-Native Artifact Management Platform for Software Supply Chain Protection, a $ 21.9 million series B funding round.
The Round was led by TCV with the participation of insight partners. Existing investors have continued their support for MMC, Frontline, Techstart, Sorenson, Tapestry and Pissas, increasing their investment in Claudsmith as part of this fund’s round.
“Claudsmith was established to define Artifact Management and with this investment we were accelerating our mission on the entire scale“Said L skillCTO and co-founder of Claudsmith. “Alan (Carson) And I am deeply committed to making Claudsmith a precise global leader in the protection of software supply chainThe “
Established in 2016, Cloudsmith is a cloud-net, enterprise-radi artifact management platform that is safely developed and distributed software. Claudsmith is used by initiatives that need control, protection and scaleBill in their software supply chain.
Cloudsmith increased by about 150% last year, Fortune 500 and Global 2000 companies switched to modern artifact management and extended its enterprise customer base significantly.
Claudsmith serves global customer base with 75% earning from US-based customers.
From this Overseasscrieved funding round new capital sales, marketing and customer success teams will expand teams, inventing software supply chain protection product features and investment in AI R&D.
Enterprises are racing to secure and control their software supply chains as software threats and compliance pressure mounts. A common enterprise software encouraged from 90% of the app on the open source and Third party codeCreating critical binary artifact protection like the Source Code Scanning.
According to Claudsmith, the development, platform engineering teams and divops teams need to be able to rely on a central artifact management platform that can scale across a global initiative. Claudsmith’s Cloud-Native Platform has been proven as a skilled scaleable solution for the supply of a standard, consent-driven approach for artifact management across hundreds of developers using separate formats, programming languages and technology.
“The way the software is built is mainly changing, creating Artifact Management Mission-critical for development, cyberquacy professionals and platform engineers“Said GlennteinCEO of Cloudsmith. “Initiatives require real-time monitoring, protection and control over their software supply chain. This new investment will help us continue scaling to meet the needs of the largest and most complex companies in the worldThe “
Accordingly Gartner44% of companies plans to significantly increase the cost for the supply chain cyberquacy, demanding the protection of strong patterns. Initiatives to comply with the US executive order on Cyber Security and the EU Digital Operational Resilience Act (DORA) are facing mounting pressure.
These mandates highlight the need for greater visibility, control and protection throughout the life cycle of software development. In this context, the fully managed, global distributed architecture engineering teams of Claudsmith helps to actively reduce the risk by not slowing down the speed.
“We believe in Claudsmith’s view of the modern software supply chain to turn into the spine“Said MorganPartner in TCV. “Cloudsmith shows that Artifact Management is an important component of the Divops Toolkit, enables enabled enabled, protected and distributing software. We are eager to support the agency in the next phase of its growthThe “
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