Harness Raises $60M in Series B Financing

harnessHarness, a San Francisco, CA-based Continuous Delivery-as-a-Service platform, closed a $60m Series B funding.

The round was led by IVP, Google Ventures (GV), and ServiceNow Ventures, with participation from existing investors Menlo Ventures and Unusual Ventures.

The company intends to use the funds to expand investment in R&D and scale its engineering, sales, and customer success teams.

Founded by Jyoti Bansal — former CEO and founder of AppDynamics, an application monitoring company acquired by Cisco for $3.7B in 2017 — and Rishi Singh, a former DevOps platform architect at Apple, Harness aims to make the practice of continuous delivery accessible to every business, allowing software teams to move fast and ship software without the fear of failed deployments.
Harness uses advanced machine learning and AI to automate software deployments, analyze their quality, and automatically roll back if something goes wrong.
Since launching from stealth in October 2017, the company has experienced growth and served dozens of customers such as McAfee, Home Depot, SoulCycle, Bank of Santander, NCR, and Beachbody.

FinSMEs

23/04/2019

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