Goldman Sachs leads investment in software delivery startup Harness at $5.5 billion valuation

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Jyoti Bansal, co-founder and CEO of Harness, speaks astatine the company's Unscripted league successful London connected Sept. 25, 2025.

Harness

Almost 9 years ago, Jyoti Bansal sold AppDynamics to Cisco for $3.7 cardinal conscionable arsenic the bundle startup was acceptable to spell public.

Bansal's latest venture, Harness, is present worthy substantially much than that, aft raking successful $200 cardinal successful caller superior astatine a $5.5 cardinal valuation successful a backing circular led by Goldman Sachs.

Harness' exertion helps companies negociate and show codification that's produced with the assistance of artificial intelligence, making definite it doesn't break, make information vulnerabilities oregon trigger outgo overruns. It's a compliment to the alleged vibe coding inclination that's taken disconnected with the roar successful generative AI.

In caller months, task capitalists person poured wealth into startups specified arsenic Cursor, Lovable and astir precocious Kilo Code that merchantability subscriptions for tools for directing AI models to constitute and update software. Harness' bundle draws connected models from Anthropic and OpenAI.

Earlier this year, Bansal bolstered Harness' cybersecurity chops by merging the startup with Traceable, different institution helium co-founded. The combined company, based successful San Francisco, has a full of astir 1,300 employees.

Harness is connected way to transcend its extremity of implicit $250 cardinal successful annualized revenue, increasing much than 50% twelvemonth implicit year, Bansal said. That makes it larger than AppDynamics astatine the clip it was acquired by Cisco.

Bansal is aiming for a antithetic result this time.

"I'm a believer that astatine the close marketplace timing, we privation to run arsenic a nationalist company, truthful we tin physique for the agelong term," Bansal said.

In summation to the backing round, Harness is besides readying a $40 cardinal tender connection to supply immoderate liquidity to longstanding employees.

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