Port hosts internal tool hubs for devs
Reading Time: 2 minutesPort, a platform designed to centralize multiple dev tools and workflows in a single dashboard, has raised $35 million in a Series B round co-led by Accel and Bessemer Venture Partners.
Yonatan Boguslavski and Zohar Einy, now Port’s CEO, founded the company in 2022 after serving together in the Israel Defense Forces. Prior to Port, Einy was a solutions manager at debugging tool startup Rookout, and helped to launch an AI monitoring firm called Aporia.
Einy has long been of the opinion that devs are overly dependent on DevOps teams — the teams that oversee app planning, testing, and development — for tasks like resolving incidents and creating services. This creates a bottleneck that hurts scalability, he says.
With Port, Einy and Boguslavski sought to deliver a more self-service way for devs to request any resources they need to do their work. Port aggregates ongoing dev projects while providing visibility into the health and progress of those projects.
Port is what’s known as an internal developer portal, or IDP: a hub with dev resources, tools, and documentation to build apps. There isn’t much public data on IDP adoption besides Port’s, which obviously has to be taken with a grain of salt. But per the firm’s recent polling, 44% of companies already have or plan to add an IDP this year.
What’s driving adoption? DevOps is a tough function, these days — and it isn’t getting any easier. One survey found that close to half of DevOps teams feel pressured to deploy apps before they’re thoroughly tested, and face unrealistic expectations around app development.
Port competes with startups like Cortex in the IDP market, as well as — oddly enough — Spotify. (Spotify has a robust enterprise and dev tooling business, wouldn’t you know.) In one effort to stand out from the competition, Port recently introduced tracking of dev-relevant metrics like ‘time to restore service’ and ‘deployment frequency.’ Port also built AI into its platform for certain basic functionality, like natural language search and developer tool suggestions.
‘Port is an open platform, so each organization can leverage AI models according to their needs,’ Einy said of the AI piece. ‘Some of the popular uses we’ve seen so far are using search when investigating incidents, automatically generating a clear error message from the logs of a failed build, and recommending internal libraries and components to developers based on the feature or service they’re currently working on.’
Port, which has raised $58 million in capital to date, plans to add 30 staffers to its 100-person workforce by the end of the year. Einy says that Port has 10,000 users across customers like LG, British Telecom, and GitHub, and is on track to grow revenue 7x compared to last year.
‘We’ll use the funds from the Series B to scale our operations and enhance our service offerings,’ he added. ‘A significant portion of this funding will go toward enhancing our product range to not only serve developers, but also extend our reach to security teams, product managers, and leadership.’
Reference: https://techcrunch.com/2024/10/15/port-is-building-internal-tool-hubs-for-devs/
Ref: techcrunch
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