Tech Company Financing Transactions
Cloudsmith Funding Round
Cloudsmith closed a $11 million venture capital round on 11/28/2023. Investors included MMC Ventures.
Transaction Overview
Company Name
Announced On
11/28/2023
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Undisclosed
Investors
MMC Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to scale operations as it serves its global client base, including software companies such as Shopify, PagerDuty, Font Awesome, HP and EnterpriseDB.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Scottish Provident Building 7 Donegall Square West
Belfast, BT1 6JH
IR
Belfast, BT1 6JH
IR
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2016 by Alan Carson and Lee Skillen, Cloudsmith is on a mission to build the world's single source of truth for all software. We've won awards, landed huge brand-name customers, and built incredible technology. We raised Series A funding in 2021 to the tune of $18m, and another $11m in 2023. Cloudsmith is the future. We're rapidly replacing legacy competitors in the market, and helping our customers prepare for the next decade of scalability and success.
Management Team
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