The Technology team guided Harness in a $240 million Series E financing round. This investment values Harness at $5.5 billion and reflects the accelerating demand for a unified, AI-native platform for software delivery. The financing round is comprised of a $200 million investment led by Goldman Sachs Alternatives and a planned $40 million tender offer with participation from IVP, Menlo Ventures, and Unusual Ventures.
Harness is the AI DevOps Platform™ company, enabling engineering teams to build, test, and deliver software faster and more securely. Powered by Harness AI and the Software Delivery Knowledge Graph, the platform brings intelligent automation to every stage of the software delivery lifecycle after code—removing toil and freeing developers from manual, repetitive work. Companies like United Airlines and Choice Hotels use Harness to accelerate releases by up to 75%, cut cloud costs by 60%, and achieve 10x efficiency across DevOps. Based in San Francisco, Harness is backed by Menlo Ventures, IVP, Unusual Ventures, and Citi Ventures.
The Goodwin team was led by Caine Moss, Dane Patterson, Ria King, Ari Ghavami, Amanda Sear, and Joyce Chang with support from Aoife Devereux and Kim de Glossop, Jocelyn Arel, Bradley Weber, Ora Grinberg, Kate Blansett, Benjamin Horowitz, Isabelle Greenblatt-Gunning, Lynda Galligan, Monica Patel, Jacquelyn Watson, Matthew Denny, Christina Flynn, Brynn Peltz, Liza Burton, Michael Goldstein, Jeremy Senderowicz, Monica Devlin, Maggie Wong, and Nicole Chessari.
For more infromation on the deal, please read the press release and coverage from Forbes, CNBC, and TechCrunch.