Port Raises $100M At $800M Valuation To Take On Spotify’s Backstage

Port Raises $100M At $800M Valuation To Take On Spotify’s Backstage

Port Raises $100M to Challenge Spotify’s Backstage Spotify may dominate music streaming, but its developer tools division, Backstage, has quietly become a critical platform for companies building internal dev portals. Now, Israeli startup Port is stepping in with a proprietary alternative, aiming to combine Backstage-style catalogs with AI-powered management. Credit: Port Founded in 2022, Port has already won over big-name clients including GitHub, British Telecom, and LG. On Thursday, the company announced a $100 million Series C funding round led by General Atlantic, with participation from Accel, Bessemer Venture Partners, and Team8. The round values Port at $800 million, bringing total funding to $158 million. The Backstage Alternative Backstage, an open-source project, helps companies create internal developer portals that catalog tools, visualize usage, and track metrics. While powerful, it requires significant DIY effort. Port’s platform promises a more turnkey solution, letting com…