Invest NI is supporting Cloudsmith, a company that offers platform as a service (PaaS) solutions, through the European Union's Investment for Growth and Jobs Programme. This 12-month support will help Cloudsmith expand its research and development efforts to improve its platform and develop new features to increase its global customer base. The funding announced last year was one of Northern Ireland's largest seed rounds, with investors including Frontline Ventures, MMC, and Techstart. Cloudsmith has already gained significant traction, with customers on six continents and serving millions of software packages per month, generating over 90% of its revenue outside the UK and Ireland.