Harness, a San-Francisco-based start-up that offers a “continuous delivery-as-a-service” platform, has raised $60m (£46.3m) in a Series B funding round led by IVP, GV, and ServiceNow Ventures.
According to a press release, the company plans to use the new round to help improve its R&D efforts, as well as grow its engineering, sales, and customer success teams.
Harness uses advanced machine learning and AI to automate software deployments, analyse and examine their quality, and initiate automatic rollbacks when any errors have been discovered.
The company was co-founded by CEO Jyoti Bansal and former AppDynamics founder and Rishi Singh, a former DevOps platform architect at Apple.
“We were not actively seeking new investment at this point, but our strong market traction created heavy investor interest in Harness, resulting in a fast-moving and heavily oversubscribed Series B round,” said Jyoti Bansal, CEO, and co-founder of Harness.
“We are thrilled to partner with world-leading investment and technology firms — IVP, GV, and ServiceNow — as we continue to build Harness into the next major software platform company.”
Since its launch in October 2017, Harness has helped a number of high-profile businesses, including McAfee, Home Depot, SoulCycle, Bank of Santander, NCR and Beachbody.
“Harness represents a tremendous opportunity to create the next multi-billion dollar company. The team has a powerful vision to redefine the software delivery process using automation and machine learning, and the company’s market momentum is significantly beyond what we typically see in companies at this stage,” said Steve Harrick, General Partner at IVP.
“We were fortunate to be investors in Jyoti Bansal’s previous company AppDynamics, and believe that Jyoti and the all-star team assembled at Harness have the ability to revolutionize software delivery within the enterprise.”