Cloudsmith secures £2.1m in seed funding led by Frontline Ventures to launch its caching service
The Belfast based software firm raised the seed capital from Frontline Ventures, MMC Ventures, and Techstart Ventures.
Share allotment filed at Companies House
Cloudsmith provides a cloud-native platform for managing and securing software packages and dependencies across development environments.
Belfast based software logistics provider Cloudsmith has secured £2.1m in a seed funding round. Frontline Ventures led the investment, with participation from MMC Ventures and Techstart Ventures. The capital will support research, development, and marketing efforts as the company launches a universal artifact caching service.
The fresh funding arrives following an earlier pre-seed investment this year. Cloudsmith plans to use the proceeds to accelerate its technical capabilities and bring its new caching layer to market, aiming to improve performance and resilience for software delivery teams globally.
From the founder
"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,"
Alan Carson
at Cloudsmith
Investor perspective
"The guys are building what is in effect a foundational element for the next stage in the evolution of software development and distribution. Protecting developers and businesses from the chaos of public software will be a game changer."
Steve Collins
Partner, Frontline
Use of funds
- 01Fund research and development
- 02Invest in sales and marketing
Investors
About the company
Cloudsmith
Cloudsmith offers a cloud-native control layer for software artifacts and supply chain security.