Harness Raises $150 Million From Silicon Valley Bank – Silicon Valley Daily

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Summary

“This funding enables our company to continue innovating at a record pace, transforming the software delivery lifecycle for today’s modern enterprises. Key milestones include: • Experienced rapid Annual Recurring Revenue (ARR) growth, going from to more than over the past five years. • Introduced TM, a new generative AI assistant integrated directly into all aspects of the Software Delivery Lifecycle. These new modules join the existing eight offerings to deliver a powerful, seamlessly integrated software delivery platform. Our flexible financing solution will support the Harness team as they continue to innovate and transform the software development industry,” said Steve Kuo, Senior Managing Director and Group Head of Technology at Hercules Capital.

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