Marriott Harrison advised Belfast-based Cloudsmith on its Series A funding round. 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.
Alan Carson, CEO of Cloudsmith, said: “I’d highly recommend the team at Marriott Harrison. Cloudsmith sat on the opposite side of the negotiating table when we closed our seed round, and we knew then we wanted David and his team to represent us for Series A. We were extremely impressed with the team’s approach; calm, proactive, pragmatic, and responsive, which helped us achieve our goals on this transaction in an efficient manner.”