Harness raised $ 230M in Series D Funding; Estimated $ 3.7 Billion

Jyoti Bansal, CEO and cofounder, Harness

Harnessa software delivery platform provider based in San Francisco, CA, has raised $ 230M in Series D funding worth USD3.7 billion.

The round, which includes $ 175m in equity and $ 55m in debt financing, was led by Norwest Venture Partners with participation from JP Morgan, Capital One Ventures, Splunk Ventures, Adage Capital Partners, Balyasny Asset Management, Gaingels, Harmonic Growth Partners, ServiceNow, Menlo Ventures, IVP, Unusual Ventures, Citi Ventures, Battery Ventures, Alkeon Capital, GV, Sorenson Capital, Thomvest Ventures and Silicon Valley Bank.

The company intends to use the funds to continue to grow its talent and further expand the platform.

Led by CEO Jyoti Bansal, Harness provides developers with a software delivery platform that uses machine learning to detect quality deployments and automatically return failures, saving time and reducing the need for custom scripting. and manual oversight.

The company is currently working approximately. 700 people.

FinSMEs

27/04/2022

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