Home / Technology / Port Raises $100M for AI Agent Management
Port Raises $100M for AI Agent Management
11 Dec
Summary
- Israeli startup Port secured $100 million in Series C funding.
- The company's valuation reached $800 million after the funding round.
- Port's platform manages AI agents beyond just coding tasks.
Israeli startup Port announced a significant achievement, securing $100 million in Series C funding led by General Atlantic. This funding round propels the company's valuation to $800 million and brings its total funding to $158 million, solidifying its position in the AI agent management space. Port's proprietary platform offers a centralized developer portal for managing AI agents, which are increasingly used for tasks far beyond simple code generation.
The company addresses the current "wild west" environment for devtool agents by providing a layer of orchestration. Port's features include performance measurement, human-in-the-loop approvals, and a "context lake" to define agent data sources, memory, and guardrails, ensuring safe and correct operations. This allows companies to manage AI agents for incident resolution, security, and release management.
Port's solution aims to handle the complex "90%" of software programming tasks that do not involve writing code, providing engineers with an interface to control, iterate with, and approve AI agent actions. With major clients like GitHub and British Telecom, Port is poised to scale its operations despite facing a competitive landscape.
