Harness has just authorized a new Series D preferred stock which could increase the valuation to $3.2 billion if all Series D shares are issued. The Continuous Delivery-as-a-Service platform is previously backed by Sorenson Capital, Thomvest Ventures, Norwest Venture Partners, Citi Ventures, Battery Ventures and Alkeon Capital to name a few. The most recent Series D round follows $85 million raised for Series C. The terms surrounding the Series D include pari passu liquidation preference with all other preferred, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $25.1067, an up round from Series C at $13.6718.
Here is how they are currently tracking against the index:
