Port Raises $18M in Funding

Port

Port, in Tel Aviv, Israel-based provider of an open internal developer portal, raised $18M in funding.

The round, which brought the total amount to $23M, was led by Team8 with participation from seed investor TLV Partners. Angel investors, including Yoav Landman (CTO of Jfrog), Shlomo Kramer (co-founder of Check Point, Imperva and Cato Networks), Aner Mazur (former CPO, Snyk), and Eyal Manor (former CPO, Twillo) joined the round.

The company intends to use the funds to expand operations and its business reach.

Led by CEO Zohar Einy, Port is an open developer portal, allowing users to define their own data models of the software catalog and unify metadata that exists in silos all over the tech-stack, from CI/CD data, through vulnerabilities, alerts, incidents and more. This helps developers and drives enhanced engineering quality by setting organizational standards in scorecards and golden paths.

As part of its commitment to building an open product, the company also announced the launch of Port Ocean, an open source extensibility framework that enables anyone to create exporters, self-service actions, automations and integrations and add them to Port.

Since Port launched last November, the company has gained hundreds of organizations using its developer portal, including dozens of paying customers.

FinSMEs

19/09/2023