Software Testing News

LambdaTest, the leading cloud-based unified testing platform, has secured a $38 million funding round led by Avataar Ventures, with participation from Qualcomm Ventures, bringing the total funding to $108 million. With this funding, LambdaTest plans to advance KaneAI, launching AI Native QA Agent-as-a-Service to transform software QA with AI-driven insights, scalable Test Cloud, and advanced HyperExecute automation.

LambdaTest has announced a partnership with Autify, a no-code testing platform for native mobile applications. This collaboration integrates Autify’s testing capabilities with LambdaTest’s Real Device Cloud, empowering users to test applications on a wide range of real devices and operating systems seamlessly.

Private equity firm GTCR has invested $1.33B at a $4.5B enterprise valuation to help Tricentis continue its track record of innovation and growth. Tricentis will surpass $425M in annual recurring revenue in 2024 with a 27% YoY growth.

HappyPath has announced today that it has secured $4 million in funding. The company is using the funds to address a critical need for more effective software testing and has officially launched its AI-powered platform to help the technology sector reimagine their approach to testing.

TestSprite has announced the close of a $1.5 million pre-seed round, bringing the total funding amount raised to $1.7 million. Investors included Techstars, Jinqiu Capital, MiraclePlus, Hat-trick Capital, EdgeCase Capital Partners, and angel investor Rafael Barroso. Additional investment came from the founding team.

Sapient.ai, an AI-driven software testing platform, has announced its rebranding to BaseRock.ai. This strategic name change reflects the company’s dedication to providing a solid foundation for software quality assurance and its vision for the future of AI-powered test tools.

Distributional AI Testing Platform has announced that it has raised $19 million in Series A funding led by Two Sigma Ventures with participation from Andreessen Horowitz, Operator Collective, Oregon Venture Fund, Essence VC, Alumni Ventures and angel investors.