Qase, an Austin, Texas-based platform that specializes in managing software quality assurance testing and reporting, raised $7.2 million in Series A funding.
SaaS Investors
The round was led by Chrome Capital, with participation from FinSight Ventures and S16VC.
Chrome Capital is a venture capital firm based in Dubai, United Arab Emirates. The firm is an international investment firm focused on technological and other high-growth companies.
Qase Use of Funds
The funding will be primarily allocated towards product development, including the creation of a plug-in marketplace, and expanding Qase’s 33-person workforce to 50 by the end of the year.
About Qase
Founded by Nikita Fedorov, Qase is a test management platform built for dev and QA teams. The platform aims to provide a comprehensive solution for manual and automated testing processes. Qase offers features such as test management, test reporting, and test analytics to help organizations improve their software testing efficiency, reduce time-to-market, and enhance overall product quality. Qase integrates with Asana, Github, Jira, Trello, and other sites via the corporate subscription model, allowing devs to automatically publish tasks on the sites.
Funding Details
Company: Qase, Inc.
Raised: $7.2M
Round: Series A
Funding Month: August 2023
Lead Investors: Chrome Capital
Additional Investors:
Company Website: https://qase.io/
Software Category: Test Management
Source: https://techcrunch.com/2023/08/25/qase-raises-7-2m-to-help-companies-manage-their-software-tests/