mabl Raises $40M in Series C Funding

mabl

mabl, a Boston, MA-based provider of a SaaS intelligent test automation platform for quality engineering, raised $40m in Series C funding.

The round was led by Vista Equity Partners with participation from existing investors including Amplify Partners, GV, Presidio Ventures, and CRV. In conjunction with the funding, Shivan Patel, Senior Vice President at Vista, will join mabl’s Board of Directors.

The company intends to use the funds to expand operations, hiring across all departments and its business reach, broadening its sales and marketing reach around the globe.

Led by Dan Belcher and Izzy Azeri, mabl provides a low-code test automation solution that enables software teams to reduce the effort to create, run, and manage end-to-end user interface and API tests in a unified platform.

Users includ organizations among global leaders in eCommerce, Technology, Finance, Travel, and more in over 50 countries. The customer base includes industry leaders like Barracuda, Charles Schwab, Chewy, DataRobot, Dollar Shave Club, jetBlue, NCR, and Stack Overflow.

FinSMEs

22/11/2021