Cloudsmith Raises $72 Million in Series C Funding
Summary
Cloudsmith, a cloud-native security company, has secured $72 million in Series C funding. The company plans to use this investment to accelerate product development and expand its market reach. This funding round highlights continued investor confidence in solutions focused on securing cloud-native software development.
IFF Assessment
This is good news for defenders as it indicates investment and potential advancement in tools and services that can improve software supply chain security and cloud-native security postures.
Defender Context
This news signifies continued growth and investment in the software supply chain security sector. Defenders should monitor advancements from companies like Cloudsmith, as their product development may lead to new capabilities for securing dependencies and cloud-native applications. Increased focus in this area can translate to better tools for managing software artifacts and preventing supply chain attacks.