Jyoti Bansal is famous and known for being an Indo-American serial technology entrepreneur. He was the founder and CEO of AppDynamics. This company provided software engineers for code performance. Later it was acquired by CISCO. He is now performing as CEO of Harness and Traceable AI. The Harness was valued at $1.7 billion by a private financing report in 2022. He is also co-founder of Unusual Ventures.
In this article, we are going to share the net worth of Jyoti Bansal and other necessary information about him. If you are looking for such information, please read until the end of the article. On this website, we always provide wealth information on celebrities around the world.
What is Jyoti Bansal’s Net Worth?
According to the latest information of 2022, the estimated net worth of Jyoti Bansal is 5 million USD.
|Year||Net Worth||Increase Rate|
|2022||$5.5 million||14% increase|
|2021||$4.8 million||11% increase|
|2020||$4.3 million||34% increase|
|2019||$3.2 million||45% increase|
Early Life & Family
Jyoti Bansal was born in Rajasthan, India. His father had a small farm retail business. He managed to help his father. He learned the policy of business from his father. His family encouraged him to learn and they understood the importance of learning. Jyoti’s grandfather had a small library. Jyoti usually spent his free time helping his father in business and reading books in the library.
Jyoti Bansal got the rank of among 100 in the admission of IIT. He could choose any of the IITs but he chose Delhi. He wanted to stay in a big city besides Delhi, which was not too far from his home. He studied at IIT-Delhi during 1995-1999 in Computer Science. In 2000, he moved to the USA and started to work in the technology industry in Silicon Valley.
In July 2000 Jyoti Bansal moved to America. He had a latent dream that he would have his own company in America. But that was not possible until he got the green card. He worked in Silicon Valley at some technology point.
In 2008 Jyoti Bansal got a permanent resident permit. In April 2008, he founded his very first own dream company AppDynamics which was an application performance management company. AppDynamics provides tools for monitoring, diagnosing, and troubleshooting performance slowdowns and other glitches in software code. In 2008 he received the 5.5 million dollars venture return capital firms Greylock Partners and Lightspeed Partners.
Jyoti Bansal started marketing his services directly to executives at large internet companies. He used LinkedIn and contacted them through email to entreat his product suite for use in their respective businesses.
In February 2010, Priceline became one of AppDynamics’s first customers, contracting the company to ensure Priceline’s “internet application connections are functioning properly.” Electronic Arts and Netflix soon followed suite protocol made by AppDynamics.
Jyoti Bansal started to hire more employees and end of 2013 the company had almost 200 employees including the sales staff. HBO Go’s internet subscription channel was facing a problem at their premiere date. In May 2015 Jyoti Bansal’s company was hired to solve the issues of the internet channel. Jyoti Bansal got credit from CNBC for the Saved Game of Throne from 2013 to 2015 and the company reached 600 employees. By September 2015, AppDynamics had reached 900 employees while Jyoti Bansal was the CEO.
In 2015, Jyoti Bansal became the Chairman and Chief Strategist, performing day-to-day operations of the company to a new CEO. He was on serving as the companies Chairman during its sale to Cisco Systems.
In June 2016, Jyoti Bansal got the Ernst & Young Entrepreneur of the Year Award for Northern California.
In 2017, CISCO offered about 3.7 billion dollars for AppDynamics and that was sold. Thus, he got the first step done.
In October 2017, Jyoti Bansal started BIG (Bansal Innovation Group) Labs which was a start-up studio where he usually tests ideas and technology problems. In the same year, he launched Harness which was the first start-up test by the BIG Labs. In July 2020, he launched Traceable AI that is the second start-up test by BIG Labs. Jyoti Bansal currently serves as CEO of both Harness and Traceable AI.
The Harness was launched in October 2017. It is a platform for software developers to automate and simplify software delivery processes.
Traceable AI was launched in July 2020. It is a cyber-security company that provides solutions for protecting software code against dangerous cyber-attacks.
|Popular As||Jyoti Bansal|
|Occupation||CEO, Technology Entrepreneur|
|Age||43 years old|
|Born||23 March, 1978|
Jyoti Bansal is a well-known serial technology entrepreneur who was born in India and got permanent citizenship in the US. But his first life was not so easy. He grew up in the village of Rajasthan and later settled in the US. Now he is one of the multimillionaires from India. He is now giving dreams and inspiration to thousands of entrepreneurs.