13th Nov 2019

MMC backs Belfast-based Cloudsmith in £2.1m seed round

We're proud to be supporting Cloudsmith as the team build for the next stage of software development. Cloudsmith’s Software-as-a-Service (SaaS) offers an advanced logistics platform for software developers, operators and vendors, who need to secure, manage and accelerate their product development and distribution.

It distributes millions of artifacts on behalf of its global customer base spanning every time zone in almost every continent.

“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, CEO of Cloudsmith

“Customer feedback has shown that a single cloud-based platform for managing software artifacts builds collaboration and communication between teams - a critical aspect of the DevOps culture we facilitate.”

Lee Skillen, CTO of Cloudsmith

The funding will be used to ramp-up Cloudsmith’s R&D and marketing capabilities, with a focus on bringing to market the world’s first universal artifact caching service that will add significant resilience and performance capabilities to modern software delivery.

“Visibility and management of software artifacts is ever increasing in importance as complexity increases within DevOps environments. We’ve been impressed by the team’s execution and vision in bringing this control and visibility to developers.”

Dan Bailey, MMC Ventures

More on the investment via The Irish Times and EU-Startups.

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