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Synopsis
IVP, a later-stage venture capital firm, led a $35m Series B round in Cortex, an internal developer portal company, with participation from Craft Ventures, Sequoia Capital, Tiger Global and YCombinator. “Developer productivity tops the list of engineering initiatives given the current macro, but while AI is speeding up developer work, time spent remediating issues risks cannibalizing any efficiency gains. Cortex has quickly become critical to many enterprises by eliminating the quality/velocity challenge – arming devs with the tools they need to work well, fast. We’re partnering with Cortex at this critical juncture to help them accelerate their growth as they support organizations on their journey to engineering excellence," Cack Wilhelm, IVP General Partner.
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