San Francisco-based company Cortex has successfully raised $35 million in Series B funding to further enhance its internal developer portal (IDP) offerings. The funding round was led by IVP, with participation from Craft Ventures and existing investors Sequoia Capital, Tiger Global, and YCombinator. Cack Wilhelm, General Partner at IVP, will join the Cortex board of directors.
Under the leadership of CEO Anish Dhar and CTO Ganesh Datta, Cortex empowers engineering teams by providing comprehensive visibility and control over their microservices ecosystem. The company’s Service Catalog seamlessly integrates with the preferred tools of engineering teams, enabling easy organization of service-related information and clear understanding of dependencies. Cortex Scorecards and Initiatives allow teams to establish standards and define paths for improvement, assessing production readiness and development maturity. With Cortex Scaffolder and Actions, teams can confidently build and deploy new services following best practices.
The latest funding comes on the heels of a remarkable year for Cortex, marked by a staggering 400% year-over-year revenue growth. Prominent enterprise companies, including TripAdvisor, Docker, Grammarly, Unity, and SoFi, have embraced Cortex to swiftly gather, contextualize, and standardize development best practices. With the infusion of new capital, Cortex is well-positioned to further enable integrations and automation, empowering engineering teams to excel in their microservices-driven endeavors.