Cloudsmith’s $15 Million Series A Fundraising

Marriott Harrison, working alongside Arthur Cox, advised Cloudsmith on the deal.

Cloudsmith, a software supply chain management startup, closed a $15m round led by Tiger Global, with participation from Shasta, Amaranthine, Sorenson, Leadout Capital, Frontline, MMC, and Techstart, in what was a landmark tech investment in Northern Ireland.

The investment brings the company’s total raised to over $17 million and will be used to expand Cloudsmith’s workforce from 17 employees to 60 in the next year, particularly its U.S.-based sales and data engineering teams.

Founded in 2016, Cloudsmith offers enterprise-grade customers the ability to manage software through the cloud, removing the need to hire in-house support staff and cutting down on expenses. It already has customers across Europe, the Middle East, Australia and the US.

Headquartered in New York, Tiger Global is an investment firm focused on public and private companies in the global Internet, software, consumer, and financial technology industries.

The Marriott Harrison team was led by David Strong (Picture), supported by associates Graham Halliday and Richard Price, and trainee associate Kimberley Lam’s Descamps.

The Arthur Cox team was led by Lynsey Mallon, Head of Corporate and Commercial and included Richard Armstrong and Maeve Williams.
Involved fees earner: Richard Armstrong – Arthur Cox; Lynsey Mallon – Arthur Cox; Maeve Williams – Arthur Cox; Graham Halliday – Marriott Harrison; Richard Price – Marriott Harrison; David Strong – Marriott Harrison;

Law Firms: Arthur Cox; Marriott Harrison;

Clients: Cloudsmith;

Federica Tiefenthaler

Author: Federica Tiefenthaler