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How Much Did Harness Raise? Headquarters, Funding & Key Investors

Harness, founded in 2017 in San Francisco, has raised $414 million in total funding and achieved a $3.7 billion valuation as of April 2022. The company’s most recent $150 million debt financing round, led by Silicon Valley Bank, in May 2024, supports its expansion into AI-powered DevOps. Previous investors include Norwest Venture Partners, Google Ventures, IVP, and Alkeon Capital. Harness provides a Continuous Delivery-as-a-Service platform that automates code builds, testing, and deployment through AI-driven insights, revolutionizing how modern enterprises efficiently ship software.

    Harness delivers a self-service continuous application delivery platform that automates software deployment, testing, and monitoring for development teams. By integrating AI and machine learning, Harness reduces manual work, accelerates release cycles, and minimizes deployment risks. Its intelligent CD-as-a-Service solution helps engineering teams detect errors, optimize delivery pipelines, and manage builds from a central dashboard. With flexible subscription-based pricing, Harness serves enterprises looking to modernize DevOps, enhance productivity, and accelerate their journey toward cloud-native software delivery.

    What Is Harness and What Does It Do?

    Harness, founded in 2017 by Jyoti Bansal and Rishi Singh, is a San Francisco-based (United States) DevOps and software delivery company. 

    Harness employs around 267 professionals as of October 2024 and provides Continuous Delivery-as-a-Service, automating software deployment pipelines through AI-based analysis and risk management. Its platform accelerates cloud adoption, integrates seamlessly with Kubernetes and Amazon ECS, and supports automatic build, test, and production workflows. Harness’s mission is to simplify complex DevOps tasks and empower teams to deliver high-quality software at scale.

    How Much Funding Has Harness Raised?

    1. Debt Financing
      Amount Raised: $150 million
      Date: May 2024
      Lead Investors: Silicon Valley Bank
      Motivation: To integrate generative AI features, expand platform modules, and strengthen go-to-market initiatives.
    2. Debt Financing
      Amount Raised: $55 million
      Date: April 2022
      Motivation: To fund operational growth and product innovation.
    3. Series D
      Amount Raised: $175 million
      Date: April 2022
      Lead Investors: Norwest Venture Partners
      Motivation: To expand product offerings and integrate AI-driven automation.
    4. Series C
      Amount Raised: $85 million
      Date: January 2021
      Lead Investors: Alkeon Capital
      Motivation: To support rapid enterprise adoption and scale customer base.
    5. Series B (Extension)
      Amount Raised: $30 million
      Date: January 2020
      Lead Investors: IVP, Menlo Ventures, Unusual Ventures
      Motivation: To enhance platform capabilities and expand sales channels.
    6. Series B
      Amount Raised: $60 million
      Date: April 2019
      Lead Investors: Google Ventures, IVP
      Motivation: To accelerate product innovation and expand engineering capacity.
    7. Series A
      Amount Raised: $20 million
      Date: October 2017
      Lead Investors: BIG Labs, Menlo Ventures
      Motivation: To build the core Continuous Delivery-as-a-Service platform.

    Total Funding Raised: $414 Million

    Current Valuation: $3.7 Billion (as of April 2022)

    Latest Funding Date: May 2024

    Key Investors

    1. Silicon Valley Bank (Division of First Citizens Bank)
      Details: A financial institution providing venture debt and banking services to high-growth technology companies.
      Investment Focus Areas: Technology, healthcare, and venture ecosystems.
      Notable Investments: Serves over two-thirds of the Forbes 2023 Cloud 100 companies.
    2. Norwest Venture Partners
      Details: A global venture capital and growth equity firm with a diverse portfolio across sectors.
      Investment Focus Areas: Technology, healthcare, and financial services.
      Notable Investments: Spotify, Uber, BlueJeans.
    3. IVP (Institutional Venture Partners)
      Details: A late-stage venture capital and growth equity firm.
      Investment Focus Areas: Enterprise IT, SaaS, media, and internet companies.
      Notable Investments: Twitter, Dropbox, Snap.
    4. Google Ventures (GV)
      Details: The venture capital arm of Alphabet Inc., backing cutting-edge technology startups.
      Investment Focus Areas: AI, enterprise software, and life sciences.
      Notable Investments: Slack, Uber, Nest.
    5. Hercules Capital
      Details: A specialty finance company providing venture debt to innovative companies.
      Investment Focus Areas: Technology, life sciences, and renewable technology.
      Notable Investments: Over $20 billion committed to 650+ venture-backed companies.

    Where Is Harness’s Headquarters?

    Harness is headquartered in San Francisco, California, a global center for software innovation and enterprise technology. The location provides access to Silicon Valley’s engineering talent and a thriving ecosystem of cloud-native companies, positioning Harness to lead advancements in DevOps automation and AI-powered software delivery.

    What’s Next for Harness?

    Harness plans to integrate generative AI to enhance developer productivity and automate decision-making across software pipelines. With recent funding support, the company will expand its product suite, focusing on reducing non-coding workloads and driving operational efficiency. As enterprises prioritize faster, safer deployments, Harness aims to capture a greater share of the $1 trillion DevOps productivity market through innovation, automation, and scalability.

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