LambdaTest, a San Francisco, CA-based application testing startup that helps developers at companies such as Microsoft Corp. and Cisco Systems Inc. develop software faster, announced that it raised $45 million in Series C funding.
The round was led by Premji Invest, returning LambdaTest investors Sequoia Capital India, Telstra Ventures, Blume Ventures, and Leo Capital participated as well.
LambdaTest will invest the new funding in go-to-market and product development initiatives.
Company: LambdaTest Inc.
Raised: $45.0M
Round: Series C
Funding Month: March 2022
Lead Investors: Premji Invest
Additional Investors: Sequoia Capital India, Telstra Ventures, Blume Ventures, and Leo Capital
Company Website: https://www.lambdatest.com/
Software Category: Testing Cloud platform
About the Company: LambdaTest is the fastest-growing testing cloud platform, build for people passionate about software quality, LambdaTest allows developers and testers to perform both automated and manual cross-browser testing on 3000+ different browser configurations. LambdaTest’s platform is used by more than 500 enterprises, including major tech firms such as Microsoft and Cisco. LambdaTest’s goal is to empower developers and testers with a single integrated ecosystem wherein they can perform all their tests confidently. Every day companies like Newsela, Scholastic, Capgemini, Eureka, Deloitte, Brother.com, etc. use LambdaTest to run thousands of manual and automation tests online.
Source: https://siliconangle.com/2022/03/29/application-testing-startup-lambdatest-raises-45m-funding/