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Port Raises $35M in Series B Funding

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Port, a Tel Aviv, Israel-based provider of an internal developer portal, raised $35M in Series B funding.

The round, which brought the total amount to $58M, was led by Accel, with participation from Bessemer Venture Partners and existing investors, including Team8 and TLV Partners.

The company intends to use the funds to expand operations and its development efforts.

Founded in 2022 by Zohar Einy and Yonatan Boguslavski, Port provides a platform for creating internal developer portals, empowering all stakeholders in the software development lifecycle. With 100 employees and tens of thousands of users, the company has created a central hub that unifies tools, knowledge, and workflows for developers, security teams, and leadership alike. The platform’s customizable interface enables collaboration and ensures compliance with organizational standards, from setting up microservices to managing cloud resources and handling incidents. Its open system integrates with existing tech stacks and incorporates AI capabilities, adapting to each company. By streamlining processes and enhancing visibility, Port drives significant business impact, improves DORA metrics, and unlocks the true promise of DevOps for companies of all sizes.

Customers include leading brands like LG, British Telecom and GitHub.

FinSMEs

15/10/2024

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