Apr 26, 2022

Harness today announced it has closed $230 million in new financing at a valuation of $3.7 billion, more than doubling its valuation since its last financing round in January 2021. Norwest Venture Partners led the Series D round, with new investors J.P. Morgan, Capital One Ventures, Splunk Ventures, Adage Capital Partners, Balyasny Asset Management, Gaingels, Harmonic Growth Partners and all existing investors participating, including ServiceNow, Menlo Ventures, IVP, Unusual Ventures, Citi Ventures, Battery Ventures, Alkeon Capital, GV (formerly Google Ventures), Sorenson Capital, Thomvest Ventures and Silicon Valley Bank. The round includes $175 million in equity and $55 million in debt financing. Harness will use the new funding infusion to continue to grow its world-class talent across the company and further expand the Harness Software Delivery Platform. Harness, the Modern Software Delivery Platform, provides a simple, safe and secure way for engineering and DevOps teams to rapidly release applications into production. Harness uses machine learning to detect the quality of deployments and automatically roll back failed ones, saving time and reducing the need for custom scripting and manual oversight, giving engineers their weekends back. (c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.