API Security Platform Traceable Enters Definitive Merger Agreement With Harness

Gunderson Dettmer represented client Traceable, the next-generation API Security Platform, in entering into a definitive merger agreement with Harness, the AI-Native Software Delivery Platform™ company, creating the world's most advanced AI-native DevSecOps platform. Together, Harness and Traceable will enable software teams to seamlessly develop, deploy and secure applications, ensuring security is embedded at every stage of the software lifecycle.

In the announcement of the merger, Traceable CEO and co-founder Jyoti Bansal said, "Harness and Traceable are coming together at a pivotal moment in the industry. Software teams should not have to choose between speed and security when delivering innovation to their customers. The mutual interest from Harness and Traceable customers in an integrated DevSecOps platform has substantially accelerated over the last year, and the timing is right to deliver on this industry demand. By merging these industry-leading solutions, we will bring a next-generation DevSecOps platform to the market, setting a new standard for software delivery."

The Gunderson Dettmer deal team was led by corporate partner Nick Harley and M&A partner John Olson and included M&A Counsel Matt Martinez and associate Lizzie Jongeward, corporate associates Jenny Whalen-Ball and Nick Hall, strategic transactions and licensing partner Aaron Fiske and associate Shagun Parekh, data privacy partner Anna Westfelt, employment and labor partner Natalie Pierce and associate Jordan Simon, executive compensation partner Michael Richman and associate Erik Ward and tax/fund partner Jaime Narayan and associate Morgan Otway and regulatory/compliance partner Gregory Kinzelman.

Companies
Traceable
Harness