Cortex, a San Francisco, CA-based internal developer portal (IDP) company, raised $35M in Series B funding.
The round was led by IVP with participation from Craft Ventures in addition to existing investors Sequoia Capital, Tiger Global and YCombinator. Cack Wilhelm, General Partner, at IVP, joins the Cortex board of directors.
The company intends to use the funds to enable integrations and automation.
Led by CEO Anish Dhar, and CTO Ganesh Datta, Cortex is designed to give engineering teams comprehensive visibility and control over their microservices ecosystem. Its Service Catalog is integrated with engineering teams’ favorite tools, making it easy for them to organize information about their services and understand their dependencies. The Cortex Scorecards and Initiatives allow teams to define standards and prescribe paths to improvement, measuring production readiness and development maturity. Cortex Scaffolder and Actions enable teams to build and deploy new services according to best practice.
The funding follows a record-breaking year for Cortex, with 400% YoY revenue growth, and new deployments in enterprise companies including TripAdvisor, Docker, Grammarly, Unity, and SoFi that use Cortex to quickly collect, contextualize, and templatize development best practices.
FinSMEs
31/05/2023