Sauce Labs, Inc., a San Francisco, CA-based provider of a platform for automated testing of web and mobile applications, closed a $70m growth funding round.
Backers included Centerview Capital Technology, Institutional Venture Partners and Adams Street Partners. In conjunction with the funding, Buno Pati, partner at Centerview Capital Technology, and Sandy Miller, general partner at IVP, will join the Sauce Labs Board of Directors.
The company plans to use the new funds to continue to innovate its platform, extending its mobile offering, increase capacity and performance for its global customer base, and add sales, marketing and customer success resources.
Led by Charles Ramsey, CEO, Sauce Labs provides a cloud-based platform for the automated testing of web and mobile applications, which enables dev teams to test early and often, a requirement for Continuous Delivery and agile best practices.
Customers currently run more than one million tests per day on its platform, now totaling more than 800 million tests run to date.
FinSMEs
15/11/2016