Harness

Gadgets, Venture

“Empowering the Masses: Harness Wealth’s Mission to Revolutionize Tax Planning”

The Harness offering also has two other components, serving as a marketplace for discovery of advisors and services and consumer financial insight tools. In order to fill that need, Harness partnered with experienced tax advisors who in most cases already had a significant roster of clients. So when those advisors partnered with Harness, many of those clients became clients of Harness as well. Put simply, the new platform “powers the collaboration between tax advisors and their clients,” the company said. About 75% of Harness’ clients come through advisors that join the platform.

Zara Khan
March 5, 2024

Venture

Armory Continuous Deployment Service Assets Acquired by Harness

Software delivery platform Harness today announced that it has acquired the assets of Armory, a continuous deployment startup built on top of the open source Spinnaker project. As Harness CEO and founder Jyoti Bansal told me, the acquisition price was about $7 million in cash. Other investors include Lead Edge Capital, Insight Partners, Crosslink Capital, Bain Capital Ventures, Mango Capital, Y Combinator and Javelin Venture Partners. Harness will hire many of Armory’s employees and Harness will continue to support existing Armory implementations. He does, of course, hope that many of Armory’s customers will migrate to the Harness platform over time, but he also stressed that he wants to help Armory’s existing customer base.