Silicon Valley Bank Provides Debt Facility to Harness

SVB Extends Relationship with Cloud 100 Company

  • October 16, 2023

SAN FRANCISCO, October 16, 2023 – Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced it has provided a debt facility to Harness, a leading software delivery platform provider that was recently recognized on the Forbes 2023 Cloud 100 list.  SVB acted as the sole lender on the      facility, which was provided by SVB’s Technology Corporate Banking Division.      

"Harness continues to rapidly gain market momentum, including launching four new product modules at our industry conference, {unscripted}, last month. We are constantly innovating and expanding the Harness Platform with solutions to meet the needs of customers across all stages of the software delivery lifecycle. We are pleased to continue our successful partnership with SVB,” said John Bonney, CFO, Harness. 

"SVB is thrilled to support Harness as it continues to strengthen its market leading end-to-end software delivery platform,” said Robert Parker, a Bay Area-based Director covering Enterprise Software with SVB’s Corporate Technology Banking group. “This latest facility is a testament to the debt, banking solutions, and strategic advice that SVB can provide later stage technology companies, both public and private, as they continue to succeed and scale in today’s market.  We’re excited to expand our relationship with Harness and look forward to supporting their continued growth, as one of their key banking partners.”

SVB's Technology Corporate Banking Division works with some of the most innovative public and late-stage private companies in the U.S. technology sector, providing a full suite of lending and banking solutions, as well as guidance as an active and trusted partner helping clients succeed and quickly scale. SVB is proud to serve over two-thirds of the companies currently listed on the Forbes 2023 Cloud 100 list.

About Silicon Valley Bank
Silicon Valley Bank (SVB), a division of First Citizens Bank, is the bank of some of the world’s most innovative companies and investors. SVB provides commercial and private banking to individuals and companies in the technology, life science and healthcare, private equity, venture capital and premium wine industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights and connections. SVB’s parent company, First Citizens BancShares, Inc. (NASDAQ:  FCNCA), is a top 20 U.S. financial institution with more than $200 billion in assets. First-Citizens Bank & Trust Company, Member FDIC. Learn more at

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