Harness, the AI‑powered DevOps platform founded in 2017 by serial entrepreneur Jyoti Bansal, announced a $240 million Series E round that lifts its post‑money valuation to $5.5 billion. The financing, led by Goldman Sachs with participation from IVP, Menlo Ventures and Unusual Ventures, includes a $40 million tender offer aimed at providing liquidity for long‑term employees. The capital will fund expanded research and development, a hiring surge at the company’s Bengaluru hub, and broader go‑to‑market and international efforts. Harness aims to automate the “after‑code” phase of software delivery, leveraging AI agents and a knowledge graph to streamline testing, security, and deployment for more than 1,000 enterprise customers.
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