The Belfast based software firm raised the seed capital from Frontline Ventures, MMC Ventures, and Techstart Ventures.
"We believe that the concept of provenance will play a defining role in the future of software security and quality. All companies need end-to-end visibility and control of the assets in their software pipelines. It’s important to have the support of Frontline and MMC as we enter this critical stage in Cloudsmith’s growth,"
The funding round was led by Yoti founder Robin Tombs and backed by various angel investors.
"I first became aware of GoBubble when they approached Yoti to work together enhancing the parent consent flow. I was very impressed by the innovation shown in the creation of the GoBubble platform, particularly the security of the cutting-edge video content moderation. After speaking with Henry, I knew I wanted to be part of his journey and support the ongoing formation of a safe online space for thousands of GoBubble users."
The seed round was backed by private individuals and family offices including Michael Spencer.
"DDCM is delighted to have closed its initial seed funding, drawing equity capital from a small group of the highest quality, well informed, independent and relevant individuals and family offices."
— Charlie Berman, Co-Founder and Chief Executive Officer