$150 million was raised by Harness, a contemporary software delivery platform startup situated in San Francisco, California.
Investors
- Hercules Capital, Inc. (NYSE: HTGC)
- Silicon Valley Bank (SVB)
- a part of First Citizens Bank
Use of funds
The money will be used by the firm to expand the platform, which will involve investing more in its go-to-market engine, adding new modules, and further incorporating generative AI into the platform.
About Harness
Under the direction of CEO Jyoti Bansal, Harness offers a comprehensive platform for software delivery. It provides a mechanism for deploying apps into production for engineering and DevOps teams. In order to save time and eliminate the need for manual oversight and custom scripting, the firm employs AI and machine learning to check the quality of deployments and automatically roll back failed ones, giving engineers back their weekends and evenings.
“This funding enables our company to continue innovating at a record pace, transforming the software delivery lifecycle for today’s modern enterprises. Developers lose over $1 trillion annually because they labor on uninteresting, non-code-producing tasks for more than 40% of their working hours. Software teams may attain excellence in velocity, quality, efficiency, and governance with the help of our platform.”
Jyoti Bansal
