Port is building internal tool hubs for devs

Port raised $35M to enhance its internal tool hub for devs, using AI and metrics.

: Port has secured $35 million in a Series B round led by Accel and Bessemer Venture Partners. Founded by Yonatan Boguslavski and Zohar Einy, the platform offers a centralized dashboard for multiple dev tools to reduce dependency on DevOps teams. It stands out with its internal developer portal, AI integration, and tracking metrics. Port plans to expand its workforce and enhance services, targeting diverse roles in organizations.

Port, founded by Yonatan Boguslavski and Zohar Einy, raised $35 million in a Series B funding round co-led by Accel and Bessemer Venture Partners. Established in 2022, the company aims to centralize multiple development tools and workflows in a single dashboard, reducing developers' dependency on DevOps teams and addressing inefficiencies.

The platform functions as an internal developer portal, offering a hub of resources, tools, and documentation for app building. Port distinguishes itself with the introduction of tracking metrics like "time to restore service" and "deployment frequency", and by incorporating AI for functions such as natural language search and tool suggestions.

With $58 million in capital raised so far, Port intends to increase its staff by 30 to strengthen operations and expand its service offerings. Notable clients include LG, British Telecom, and GitHub, contributing to a projected 7x revenue growth compared to the previous year, while funds will enhance products to serve a broader range of business roles.