Zenity, an Israeli startup that developed a platform for securing low-code/no-code development, raised $16.5 million in Series A funding led by Intel Capital. And fellow Israeli startup Port, which develops an open internal developer portal, raised $18 million in new funding in a Series A round led by Team8 bringing the total to $23 million raised.
Founded in 2022, Port says it has combined hundreds of years of DevOps knowledge with thousands of hours of research to transform the developer experience as the world sees it today. “Starting by building the Developer Portal that brings everyone together, and going forward as the developer experience forefront.”
“Every organization delivers software differently,” said Zohar Einy, Port’s Co-founder and CEO. “This means that a developer portal must adjust itself to the developer’s specific needs, the SDLC, and the engineering tech-stack. Port provides platform engineers and developer experience groups the tools to build the portal they need, streamlined with how the business does engineering, instead of forcing an opinionated and rigid structure and tools.”
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“Port’s operating mode is openness, with an open product community, an open product roadmap and an open free version of Port. We’re incredibly lucky to have this movement behind us and for all the support we’ve been getting from our users since day one,” continued Einy.
Founded in 2021, Zenity says it is the first and only security governance platform for low-code/no-code development, creates a win-win environment where IT and information security can give business and pro developers the freedom and independence they want in order to continue pushing their business forward while retaining full visibility and control.
Low-code/no-code development has experienced rapid adoption, but until now, governance and security tools for these modern business applications have lagged behind, leaving organizations flying blind when it came to monitoring and securing this new development pipeline.
“There is universal acknowledgement that security teams are lacking the means to be part of the citizen development story and properly protect their organizations,” says Ben Kliger, Zenity’s CEO and Co-Founder. “With this funding round, Zenity will continue to lead this new application security frontier and help organizations push and promote citizen development responsibly.”
“As organizations strive to increase productivity by adopting low-code/no-code and Generative AI tools, everyone is now a developer,” said Michael Bargury, Zenity’s Co-Founder and CTO. “However, as business users are empowered to create apps, they circumvent the traditional software development lifecycle, thus making incumbent application security practices obsolete. CISOs and AppSec leaders need to work together with business units to securely unleash professional and citizen developers to build applications that help accomplish work more effectively, but not at security’s expense.”