Sauce Labs Secures $50M in Funding

saucelabsSauce Labs, Inc., a San Francisco, CA-based provider of a continuous testing cloud, secured $50m in growth funding.

The investment was made by Riverwood Capital. In conjunction with the funding, Jeff Parks from Riverwood Capital will join the Sauce Labs Board of Directors.

The company intends to use the funds to to further accelerate core business growth and its investment in research and development, as well as pursue strategic growth opportunities.

Led by Charles Ramsey, CEO, Sauce Labs ensures apps and websites work flawlessly on every browser, OS and device. Its Continuous Testing Cloud provides development and quality teams with instant access to the test coverage, scalability, and analytics they need to deliver a consistent digital experience.
Now, the company aims to evolve its portfolio beyond functional testing, giving customers a 360-degree view of the application experience they deliver to users.

FinSMEs

26/03/2019

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