AI DevOps tool Harness, led by CEO Jyoti Bansal, has raised $240 million in its Series E funding round, reaching a valuation of $5.5 billion post-money. The funding, with Goldman Sachs as the primary investor, aims to address the critical ‘after-code’ phase of AI development, focusing on testing, security, and deployment processes.
Harness’s AI agents streamline functions like testing, verification, security, and governance, leveraging a software delivery knowledge graph to enhance efficiency and reduce errors in software development. As AI accelerates code production, the ‘after-code’ phase remains a significant bottleneck, consuming a substantial portion of engineering time. Harness’s automation tools aim to address this challenge, offering solutions to manage the complexities of AI code volume and mitigate the risks associated with faulty software deployment.
With Bansal’s expertise in successfully building and selling tech companies, including AppDynamics, Harness is positioned as a key player in automating post-coding processes. The recent funding round reflects investor confidence in Harness’s innovative approach to AI automation.
Source: TechCrunch
Leave a Reply