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

TechCrunch
By Ron MillerMay 14, 2024, 8:00 am132 pts
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…

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