mabl Raises $40 Million in Series C  

by Kay Aloha Villamor in November 19th, 2021

mabl, a Boston, Massachusetts-based enterprise SaaS leader of intelligent test automation for quality engineering, announced $40 million in Series C funding. 

The round was led by Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses, with participation from existing investors including Amplify Partners, GV, Presidio Ventures, and CRV.

Vista Equity Partners' Endeavor Fund leads investment to expand global operations and accelerate the development of solutions to adjacent Quality Engineering challenges. 

Company: mabl Inc. 

Raised: $40.0M

Round: Series C

Funding Month: November 2021

Lead Investors: Vista Equity Partners

Additional Investors: Amplify Partners, GV, Presidio Ventures, and CRV

Company Website: https://www.mabl.com/

Software Category: intelligent test automation platform

About the Company: mabl is the intelligent test automation company that empowers high-velocity software development teams to integrate automated end-to-end testing into the entire development lifecycle. mabl users benefit from a unified platform for easily creating, executing, and maintaining reliable tests that result in faster delivery of high-quality, business-critical applications. mabl is a high-growth SaaS company whose solution's ease of use, rich diagnostic data, cloud scalability, and native enterprise integrations have garnered an enthusiastic audience among global leaders in eCommerce, Technology, Finance, Travel, and more. With users in over 50 countries, mabl's Fortune Global 2000 customer base has doubled in the last year and includes industry leaders like Barracuda, Charles Schwab, Chewy, DataRobot, Dollar Shave Club, jetBlue, NCR, and Stack Overflow.

Source: https://www.prnewswire.com/news-releases/mabl-raises-40-million-series-c-to-transform-how-software-teams-deliver-high-quality-user-experiences-301427800.html

 

 


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