Business news

NI Chamber welcomes international software firm Cloudsmith as its newest member

Posted By:
Cloudsmith Ltd

29th Jan 2024

Cloudsmith has become a member of the Northern Ireland Chamber of Commerce and Industry (NI Chamber), the region’s official business voice, and now joins its globally connected network.


Founded in 2016, Belfast-headquartered Cloudsmith has made its reputation as a successful disruptor and reinventor of the software supply chain market.


Launched to meet increasing industry demand for secure and reliable artifact management, the company offers a fully cloud-native software supply chain management platform to help companies navigate software security vulnerabilities that could pose reputational and IP threats.


In 2021, Cloudsmith received $15 million in Series A funding, the largest funding round for a Northern Ireland-based business since 2005. In December 2023, it announced a further £8.8 million in Series A2 financing which it will use to enhance its unique cloud-native software supply chain solution and scale operations for its growing global client base.


Chief Executive Glenn Weinstein, a seasoned industry executive who took the helm in September, said: “Cloudsmith is delighted to become a NI Chamber member. Northern Ireland boasts a thriving digital economy built on strong R&D capability and an agile and talented workforce. It also benefits from access to both UK and EU markets, making it an attractive international investment location.


“We are excited to join the NI Chamber’s strong global network and continue to serve companies both locally and further afield.”


Suzanne Wylie, Chief Executive, Northern Ireland Chamber of Commerce and Industry, commented: “We are pleased to welcome Cloudsmith to NI Chamber. Since 2016, it has gone from strength to strength, raising millions in funding and building a successful global business from its Belfast headquarters.


“The software industry in Northern Ireland is worth £1.7 billion and employs around 23,000 people and, at NI Chamber, we recognise its significant and strategic importance to the local economy.  Cloudsmith is an important sector voice, and we look forward to working together to drive Northern Ireland’s growth as a world-leading tech hub.”


Echoing this positive outlook, Weinstein added: “Belfast is a city well-known for innovative software and cybersecurity development, and we are excited to join the NI Chamber alongside many of our industry peers.


“As we begin the new year with a fresh infusion of capital, announcing our Chamber membership signals our commitment to the city, to Northern Ireland’s vibrant software and business communities, and to the growth of the wider economy.”