A password will be e-mailed to you.

LambdaTest secured Pre-Series A round of $2M

LambdaTest, which is browser compatibility and automation test platform, has now revealed that it has secured $2 million in the funding round of Pre Series A. The round was led by the Blume Ventures with active participation from the Leo Capital.

It will now be going to use the funds to enhance its existing platform by investing in the research and technology to introduce some of the new features, increase performance, and scale infrastructure.

In the month of December 2018, the startup had also secured $1 million, led by the Leo Capital.

LambdaTest was founded in the year 2017 to develop an integrated cloud-based test execution ecosystem to eliminate the effort of both the developers and testers to build, scale, and maintain in house test infrastructure.

Sanjay Nath, Co-founder, and Managing Partner, Blume Ventures, said,

“At Blume Ventures, we were actively looking to partner with a deep-tech SaaS platform, as the industry is witnessing rapid growth. LambdaTest, in just two years, has done an amazing job in the cross-browser testing and automation-testing space, and we believe that in the coming years, it is poised to be a significant new challenger in this exciting and ever-changing market of cloud- testing.”

Speaking about the funding, Asad Khan, Co-founder, and CEO of LambdaTest, said,

“LambdaTest has been able to create a distinct name in the cloud-based testing space because of its breakthrough technology, best-in-industry performance, fast customer support, and amazing features. We offered a complete package to our customers, and this round of funding showcases the confidence that the industry and the investors have in us. With our continuous and agile approach to offer new features, we believe that LambdaTest has the potential to outperform other platforms.

Comments

comments

No more articles

Send this to friend