"Intelligent platforms like Harness are solving key challenges for Enterprise DevOps teams and we look forward to expanding on our collaboration." "ServiceNow is thrilled to continue supporting Harness as they execute on their mission of simplifying software delivery to create the seamless digital experiences that customers and employees expect, now more than ever," said Philip Kirk, Vice President of Corporate Business Development at ServiceNow. We are excited to double down on our partnership with the world-class team at Harness as they build the Modern Software Delivery Platform." "Since then, they have over-delivered on that plan, and have expanded it to new areas like cloud cost optimization and security. 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. But building and deploying software is still way too cumbersome. "Every company has now become a software company. 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." "In today's software-fueled economy, enterprises rely on their software development teams to innovate quickly. "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. 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. The round includes $175 million in equity and $55 million in debt financing. 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. Norwest Venture Partners led the Series D round, with new investors J.P. SAN FRANCISCO, Ap/PRNewswire/ - Harness, the modern software delivery platform company, today announced it has 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. Company Valuation More Than Doubles Amid Rapid Customer Adoption of Harness Software Delivery Platform
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