Jyoti Bansal, co-founder and CEO of Harness, speaks on the firm’s Unscripted convention in London on Sept. 25, 2025.
Harness
Nearly 9 years in the past, Jyoti Bansal offered AppDynamics to Cisco for $3.7 billion simply because the software program startup was set to go public.
Bansal’s newest enterprise, Harness, is now value considerably greater than that, after raking in $200 million in contemporary capital at a $5.5 billion valuation in a funding spherical led by Goldman Sachs.
Harness’ expertise helps corporations handle and monitor code that is produced with the assistance of synthetic intelligence, ensuring it would not break, create safety vulnerabilities or set off value overruns. It is a praise to the so-called vibe coding development that is taken off with the increase in generative AI.
In current months, enterprise capitalists have poured cash into startups comparable to Cursor, Lovable and most just lately Kilo Code that promote subscriptions for instruments for steering AI fashions to put in writing and replace software program. Harness’ software program attracts on fashions from Anthropic and OpenAI.
Earlier this yr, Bansal bolstered Harness’ cybersecurity chops by merging the startup with Traceable, one other firm he co-founded. The mixed firm, based mostly in San Francisco, has a complete of about 1,300 staff.
Harness is on monitor to exceed its purpose of over $250 million in annualized income, rising greater than 50% yr over yr, Bansal stated. That makes it bigger than AppDynamics on the time it was acquired by Cisco.
Bansal is aiming for a unique end result this time.
“I am a believer that on the proper market timing, we need to function as a public firm, so we are able to construct for the long run,” Bansal stated.
Along with the funding spherical, Harness can be planning a $40 million tender provide to supply some liquidity to longstanding staff.
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