SAN FRANCISCO, Oct. 24, 2017 /PRNewswire/ — Jyoti Bansal, the founder and former CEO of AppDynamics, today announced the launch of BIG Labs, a startup studio created to solve extraordinarily difficult technology problems by launching innovative, high-growth companies.

BIG Labs will experiment with new technologies in order to find viable products that can ultimately sustain new businesses. The lab follows the idea of “parallel entrepreneurialism,” meaning multiple ideas will be developed in tandem. The lab will research a number of large problem areas, prototype and validate unique technology solutions to those problems, and validate their addressable markets. Following the successful prototyping phase of each idea, BIG Labs will create, build and launch new companies to support them.

“After the sale of AppDynamics to Cisco for $3.7 billion in March of 2017, most people expected me to either retire or become a venture capitalist,” said Jyoti Bansal. “But what I truly love doing is exactly what I did at AppDynamics: finding enormous problems, then building amazing companies dedicated to solving them. BIG Labs gives me the ability to do what I’m most passionate about.”

Bansal has invested $50 million of his own capital into BIG Labs, and the first BIG Labs project emerged from stealth this morning: Harness, a Continuous Delivery-as-a-Service platform designed to help engineering teams deliver code to end users faster through the use of artificial intelligence. Bansal is the CEO and co-founder of Harness.

Bansal is seeking co-founders for new companies and experiments. He encourages proven technologists with the passion for solving big problems to reach out via BIG Labs. He also encourages software engineers excited about working with the BIG Labs family of companies to apply as well; BIG Labs is actively hiring for world-class engineering talent.

For more about the BIG Labs launch, read Jyoti Bansal’s LinkedIn post.

About BIG Labs:
Based in San Francisco, BIG (Bansal Innovation Group) Labs is Jyoti Bansal’s startup studio focused on turning innovative ideas into enduring companies. After founding and selling AppDynamics to Cisco for $3.7 billion, Bansal founded BIG Labs to give visionary products a place to reach their potential. Learn more at www.biglabs.com.

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SOURCE BIG Labs