Broadcom announced the general availability of VMware Tanzu Platform 10 that establishes a new layer of abstraction across Cloud Foundry infrastructure foundations to make it easier, faster, and less expensive to bring new applications, including GenAI applications, to production.
Harness Raises $230 Million in Series D Funding
April 27, 2022
Harness 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.
"Today's milestone funding round and Harness's rapidly rising valuation is only possible because of our incredible, delighted customers," said Jyoti Bansal, Harness CEO and cofounder. "In today's software-fueled economy, enterprises rely on their software development teams to innovate quickly. We will continue to provide developer teams with the complete software delivery solution they need to deliver innovative, secure software at scale while delivering the developer experience leading teams require."
"Every company has now become a software company. But building and deploying software is still way too cumbersome. When we first partnered with Harness last year, Jyoti and the team had an ambitious vision to automate and streamline every step of this software delivery lifecycle," said Rama Sekhar, Partner at Norwest Venture Partners. "Since then, they have over-delivered on that plan, and have expanded it to new areas like cloud cost optimization and security ..."
Harness's mission is to enable every one of the 27 million software developers in the world to deliver code to their end users quickly, securely, reliably and efficiently while dramatically improving the developer experience.
Industry News
November 07, 2024
Tricentis announced the expansion of its test management and analytics platform, Tricentis qTest, with the launch of Tricentis qTest Copilot.
November 07, 2024
Redgate is introducing two new machine learning (ML) and artificial intelligence (AI) powered capabilities in its test data management and database monitoring solutions.
November 07, 2024
Upbound announced significant advancements to its platform, targeting enterprises building self-service cloud environments for their developers and machine learning engineers.
November 07, 2024
Edera announced the availability of Am I Isolated, an open source container security benchmark that probes users runtime environments and tests for container isolation.
November 06, 2024
Progress announced 10 years of partnership with emt Distribution — a leading cybersecurity distributor in the Middle East and Africa.
November 06, 2024
Port announced $35 million in Series B funding, bringing its total funding to $58M to date.
November 05, 2024
Parasoft has made another step in strategically integrating AI and ML quality enhancements where development teams need them most, such as using natural language for troubleshooting or checking code in real time.
November 05, 2024
MuleSoft announced the general availability of full lifecycle AsyncAPI support, enabling organizations to power AI agents with real-time data through seamless integration with event-driven architectures (EDAs).
November 05, 2024
Numecent announced they have expanded their Microsoft collaboration with the launch of Cloudpager's new integration to App attach in Azure Virtual Desktop.
November 04, 2024
Progress announced the completion of the acquisition of ShareFile, a business unit of Cloud Software Group, providing a SaaS-native, AI-powered, document-centric collaboration platform, focusing on industry segments including business and professional services, financial services, industrial and healthcare.
November 04, 2024
Incredibuild announced the acquisition of Garden, a provider of DevOps pipeline acceleration solutions.
October 31, 2024
The Open Source Security Foundation (OpenSSF) announced an expansion of its free course “Developing Secure Software” (LFD121).
October 31, 2024
Redgate announced that its core solutions are listed in Amazon Web Services (AWS) Marketplace.
October 30, 2024
LambdaTest introduced a suite of new features to its AI-powered Test Manager, designed to simplify and enhance the test management experience for software development and QA teams.
