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753
Language
English
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None

Summary

Harness, an AI-driven software delivery platform, has secured $115 million in new financing, elevating its valuation to $1.7 billion, with the funds aimed at expanding its capabilities to enable efficient software deployment akin to tech giants like Google and Facebook. Led by Alkeon Capital with participation from new investors such as Battery Ventures and Citi Ventures, this investment highlights confidence in Harness's innovative approach to continuous delivery and cloud cost management. Since its 2017 launch, Harness has revolutionized software delivery by progressing through three generations of development, culminating in an AI/ML-driven platform that automates deployment verification and rollback, reducing lead times for developers. The company recently announced the acquisition of Drone.io and plans to release new modules, enhancing its CI/CD capabilities, while continuing to grow its global team, which is lauded for its positive workplace culture and recognized by platforms like Forbes and Glassdoor.