Harness Raises $150M to Expand Platform and Integrate Generative AI

Harness Raises $150M in Financing

Harness Raises $150M in Financing

Key Highlights:

  • Company Overview: Harness is a San Francisco-based modern software delivery platform company.
  • Funding: Raised $150 million in financing from Silicon Valley Bank (SVB) and Hercules Capital, Inc.
  • Platform Expansion: Funds will be used to expand the platform, add new modules, integrate generative AI, and invest in go-to-market strategies.

Harness's Target Market

  • Enterprise Software Development: Targeting modern enterprises and software development teams.
  • Engineering and DevOps Teams: Providing a platform for engineering and DevOps teams to streamline software delivery and deployment processes.
  • Companies Embracing AI and Automation: Offering AI and machine learning capabilities to automate deployment monitoring and improve efficiency.

What Harness Needs to Buy

  • AI and Machine Learning Expertise: Collaborating with AI and machine learning experts to enhance and integrate generative AI capabilities into the platform.
  • Software Development and Engineering Talent: Hiring software developers and engineers to expand the platform and develop new modules.
  • Marketing and Sales Support: Investing in marketing and sales strategies to drive platform adoption and expand customer base.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.