jyoti bansal

Harness hits $5.5B valuation with $240M raise to automate AI’s ‘after-code’ gap

Enterprise /

AI DevOps tool Harness, founded in 2017 by serial entrepreneur Jyoti Bansal, is on track to exceed $250 million in annual recurring revenue in 2025, Bansal tells TechCrunch. The startup just raised a fresh $240 million Series E funding that values the company at $5.5 billion post-money. The round includes a $200 million primary investment […]

Harness hits $5.5B valuation with $240M raise to automate AI’s ‘after-code’ gap Read More »

When a big company comes after a hot startup, it’s not a slam dunk decision to sell

Enterprise /

Rumors first surfaced last month that Google was going after cloud security startup Wiz and a $23 billion offer was on the table, the most lucrative offer ever made for a startup. Before the deal eventually died, there would have been a lot of moving parts, and it’s fair to ask: What are the mechanics

When a big company comes after a hot startup, it’s not a slam dunk decision to sell Read More »

How to prevent your software update from being the next CrowdStrike

Enterprise /

CrowdStrike released a relatively minor patch on Friday, and somehow it wreaked havoc on large swaths of the IT world running Microsoft Windows, bringing down airports, healthcare facilities and 911 call centers with it. While we know a faulty update caused the problem, we don’t know how it got released in the first place. A

How to prevent your software update from being the next CrowdStrike Read More »

After surpassing $100M in ARR, Harness Labs grabs a $150M line of credit

Startups /

Harness Lab isn’t founder Jyoti Bansal’s first startup. He sold AppDynamics to Cisco for $3.7 billion in 2017, the week it was supposed to go public. His latest venture has raised $425 million, per Crunchbase. On Tuesday, Harness announced $150 million in debt financing, essentially a line of credit that the company can draw on

After surpassing $100M in ARR, Harness Labs grabs a $150M line of credit Read More »