Appvance, a San Diego, CA-based provider of a platform for enterprise software and application testing, closed a $5m round of venture capital funding.
The round was led by Javelin Venture Partners with participation from H. Barton Investments and Three Bridges Ventures.
The company, which has raised $7m in total, intends to use the funds to expand operations including product development, sales and customer support.
Founded in 2012 and led by CEO Kevin Surace, Appvance provides enterprises with a unified enterprise software and application testing platform to improve the quality, performance and security of all their applications.
It combines testing modules, including functional, performance, load, app penetration, compatibility, database, DDOS, mobile etc., into a single unified platform that allows test teams to write or record use cases once as well as test apps the way users encounter them, including UX and API-level tests.
The company also has offices in Costa Rica and India.
FinSMEs
02/03/2016