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Cloudsmith Raises 23M Series B to Secure the Future of Software Supply Chains

Secure Your Software Supply Chain with Cloudsmith’s Centralized Management System.

Cloudsmith’s platform provides a centralized management system for managing and securing software dependencies, ensuring that enterprises can maintain control over their software supply chain.

The Rise of Cloudsmith

Cloudsmith has been making waves in the software supply chain management space with its innovative platform. The company has raised a significant amount of funding, with a $23 million Series B round led by TCV, a renowned venture capital firm. This investment is a testament to the growing demand for Cloudsmith’s solution, which is used by enterprises that require control, security, and scalability in their software supply chain.

Key Features of Cloudsmith

  • Centralized Management System: Cloudsmith’s platform provides a centralized management system for managing and securing software dependencies. Control and Security: The platform ensures that enterprises can maintain control over their software supply chain, with features such as secure storage and version control. Scalability: Cloudsmith’s platform is designed to scale with the needs of enterprises, providing a flexible and adaptable solution for managing software dependencies. ## The Benefits of Using Cloudsmith**

    • The Benefits of Using Cloudsmith

    Using Cloudsmith can bring numerous benefits to enterprises, including:

  • Improved Security: Cloudsmith’s platform provides a secure environment for managing software dependencies, reducing the risk of security breaches. Increased Efficiency: Cloudsmith’s centralized management system streamlines the process of managing software dependencies, reducing the time and effort required. Better Control: Cloudsmith’s platform provides enterprises with complete control over their software supply chain, allowing them to make informed decisions about their software dependencies. ## The Future of Cloudsmith**

    • The Future of Cloudsmith

    With the recent funding round, Cloudsmith is poised to continue its growth and expansion into new markets. The company’s innovative platform is well-positioned to address the growing demand for software supply chain management solutions.

    The State of Enterprise Software Security

    The increasing reliance on open-source and third-party code has led to a growing concern about software supply chain security. As the percentage of open-source and third-party code in enterprise software applications continues to rise, the risk of vulnerabilities and security breaches also increases. This has prompted many organizations to take a closer look at their software development processes and consider implementing a centralized artifact management platform.

    The Risks of Open-Source and Third-Party Code

  • Vulnerabilities: Open-source and third-party code can contain vulnerabilities that can be exploited by attackers. Lack of Control: Developers and organizations have limited control over the code they use, making it difficult to ensure its security. Lack of Transparency: The open-source and third-party codebase can be opaque, making it challenging to identify and address security issues. ### The Need for Centralized Artifact Management**

    • The Need for Centralized Artifact Management

    A centralized artifact management platform can help mitigate these risks by providing a single source of truth for all software components. This platform can:

  • Provide Visibility: Offer real-time visibility into the entire software supply chain, enabling organizations to identify potential security risks. Enable Control: Allow developers and organizations to control the entire software development process, from code selection to deployment. Foster Transparency: Provide a transparent and auditable record of all software components, making it easier to identify and address security issues. ### Implementing a Centralized Artifact Management Platform**

    • Implementing a Centralized Artifact Management Platform

    Implementing a centralized artifact management platform requires careful planning and execution. Here are some key considerations:

  • Assess Current Infrastructure: Evaluate the current software development infrastructure and identify areas for improvement.

    “We’re building a platform that will give them the tools they need to manage their artifacts in a more efficient and secure way.”

    The Problem with Artifact Management

    Artifact management is a critical component of software development, but it’s often a painful and time-consuming process. With the increasing complexity of modern software systems, managing artifacts such as code, dependencies, and configurations has become a significant challenge. This is where Cloudsmith comes in – a platform designed to simplify and streamline artifact management.

    Key Challenges in Artifact Management

  • Lack of visibility: Enterprises often struggle to get a clear picture of their software supply chain, making it difficult to identify potential security risks or performance issues. Inefficient workflows: Manual processes and lack of automation lead to wasted time and resources, slowing down development and deployment. Security concerns: The increasing number of dependencies and artifacts in modern software systems creates a higher risk of security breaches and vulnerabilities. ## The Cloudsmith Solution**

    • The Cloudsmith Solution

    Cloudsmith’s platform is designed to address these challenges head-on.

    Cybersecurity and Infrastructure Security Agency (CISA) and the European Union’s General Data Protection Regulation (GDPR). As a result, companies are investing heavily in supply chain cybersecurity measures to protect themselves from potential threats.

    The Growing Need for Supply Chain Cybersecurity

    The increasing reliance on global supply chains has created a vulnerability that can be exploited by malicious actors. With more and more businesses relying on third-party vendors and suppliers, the risk of cyber attacks on these entities increases exponentially.

    Key Challenges in Supply Chain Cybersecurity

  • Complexity: Supply chains involve multiple stakeholders, making it difficult to track and monitor the movement of goods and data. Lack of visibility: Companies often have limited visibility into the activities of their third-party vendors and suppliers. Inadequate security controls: Many third-party vendors and suppliers lack the necessary security controls to protect against cyber threats. ## Mitigating Supply Chain Cybersecurity Risks**

    • Mitigating Supply Chain Cybersecurity Risks

    To mitigate supply chain cybersecurity risks, companies can take several steps:

    Implementing Risk-Based Approach

  • Conduct regular risk assessments to identify potential vulnerabilities in the supply chain. Implement a risk-based approach to prioritize security measures and allocate resources effectively. Continuously monitor and evaluate the effectiveness of security measures.

    The Global Reach of Cloudsmith

    Cloudsmith’s global presence is a testament to its innovative approach to cloud computing. With a customer base spanning across the globe, the company has established itself as a leading player in the industry.

    The company has also received funding from new investors, including a $10 million investment from the venture capital firm, Founders Fund.

    Introduction

    Cloudsmith is a revolutionary platform that has taken the world of artifact management by storm. As a cloud-native, enterprise-ready solution, it has captured the attention of investors and businesses alike. With its impressive list of existing investors and new funding, Cloudsmith is poised to continue its upward trajectory.

    The Rise of Cloudsmith

    Cloudsmith’s success can be attributed to its innovative approach to artifact management. By providing a centralized platform for managing and deploying artifacts, Cloudsmith has streamlined the process for businesses and organizations. This has enabled them to focus on more critical tasks and improve their overall efficiency.

    Venture Capital Firm Thrives in Global Markets with Strategic Investments and Adaptability.

    The Rise of Insight Partners

    In the world of venture capital, Insight Partners has established itself as a prominent player. With a presence in over 20 countries, the firm has demonstrated its ability to adapt to diverse markets and ecosystems. Its extensive network and resources have enabled it to make strategic investments in a wide range of industries, from technology and healthcare to financial services and consumer goods.

    Key Highlights

  • Over $90B in regulatory assets under management
  • More than 800 companies invested worldwide
  • Over 55 portfolio companies have achieved an IPO
  • Presence in over 20 countries
  • Extensive network and resources

    • The Investment Strategy

    Insight Partners employs a flexible and adaptable investment strategy, allowing it to respond to changing market conditions and capitalize on emerging trends. The firm’s investment approach is centered around identifying and supporting high-growth companies with strong potential for scalability and disruption.

    Investment Focus Areas

  • Technology and software
  • Healthcare and life sciences
  • Financial services and fintech
  • Consumer goods and retail
  • Energy and industrials

    • The Impact of Insight Partners’ Investments

    Insight Partners’ investments have had a significant impact on the companies it has supported, driving growth, innovation, and job creation.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250303827691/en/ Contacts: Media Contact Resonance resonancecrowd.com Cloudsmith@Resonancecrowd.com © 2025 Business Wire

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