Company
Date Published
Author
Jyoti Bansal
Word count
1102
Language
English
Hacker News points
None

Summary

Harness and Traceable, two companies founded by Jyoti Bansal, are merging to create a new leader in DevSecOps, combining software delivery and application security into a unified platform. This move reflects the industry's shift towards integrating security directly into the software development lifecycle, a trend accelerated by AI advancements that enhance both speed and security. The merger aims to address the growing demand for efficient software deployment without compromising safety, leveraging Harness's expertise in software delivery and Traceable's strength in API security. The new platform will offer a comprehensive, AI-driven approach to streamline software development, ensuring security is integrated at every stage. The combined entity is poised for significant growth, with a projected annual recurring revenue exceeding $250 million and plans to reach $1 billion. This merger is seen as a starting point for further innovation and expansion, with a shared focus on customer satisfaction, transparency, and collaboration.