Portside raises $17M in series A

SAN FRANCISCO, June 07, 2021 – We are thrilled to announce the completion of a $17 million Series A capital raise led by Tiger Global Management and Dragoneer Investment Group, with participation from existing investors including I2BF Global Ventures and SOMA Capital.

“We appreciate the strong support that we have received from both our existing and new investors in this round. We’ll use the new capital to accelerate investment in product innovation; support further engagement with large enterprise customers; and grow our global team.” Alek Vernitsky, co-founder & CEO of Portside.

The Portside team is committed to delivering the most innovative solutions for the aviation community and we are excited with all of the new possibilities ahead for us and our customers. The first step in joining the journey is understanding the options between our core product and enterprise development. Connect with us to learn more.

About Portside

Portside is a leading provider of advanced software solutions for the global aviation industry, serving business and corporate aviation, government operators, commercial airlines, and aircraft leasing and finance organizations. With more than 235 professionals, Portside serves over 1,100 enterprise customers worldwide. For more information, visit www.portside.co.

Media Contact:
Lynn Moore
media@portside.co
843-342-3921