A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – APPLICATION TESTING
- QASymphony, a provider of quality assurance and testing tools for test management raised $40M Series C funding from Insight Venture Partners. Link
- Synack, a provider of crowdsourced vulnerability discovery platform raised $21.5M Series C funding led by Microsoft Ventures. Link
- Francisco Partners acquired SmartBear software, a provider of sotware testing tools for web, mobile, and desktop applications for $410M. Link
- Akamai acquired Soasta, a provider of web performance optimization and testing software in an all-cash transaction. Link
- WalkMe acquires Jaco, a provider of usability testing platform based on data analytics. Link
- InVision acquires TrackDuck, a provider of tools that help in visual feedback and issue tracking to further enchance its digital development process. Link
SOME INTERESTING STARTUPS FOUND
Samuranium (2017, Cordoba) – Provides automated testing platform to detects bugs and issues.
LEADER BOARD – APPLICATION TESTING
FullStack
Soasta (2006, California, $78M, Acq.) – Builds software products for testing, monitoring websites and mobile apps in the cloud. Backed by Tennenbaum Capital Partners, Entrepreneurs Fund, Pelion Venture Partners, Formative Ventures and Canaan Partners. Acquired by Akamai in 2017.
SmartBear (2003, Massachusetts, Acq.) – Provides tools to build, test and monitor software applications on the desktop, mobile and in the cloud. Acquired by Francisco Partners in 2017.
Automated Testing Tools
Smartesting (2005, Besancon, $8.5M) – Provides platforms for model based testing and to optimize existing test cases. Backed by Groupe Siparex and iSource Gestion.
Confirmiq (1998, California, $8M) – Provides platforms for model based testing and end-to-end test automation products. Backed by Nexit Ventures and Finnish Industry Investment Ltd.
Performance Testing
Gomez (1997, Lexington, $66M, Acq.) – Provides web performance monitoring solutions to optimize the performance, availability and quality of web & mobile applications. Backed by AdAstra, Dolphin Equity Partners and BancBoston Ventures. Acquired by Compuware in 2009.
Apica (2005, Stockholm, $12M) – Provides cloud based web monitoring and load testing solutions. Backed by SEB Venture Capital, Industrifonden, Almi Invest and KTH Chalmers Capital.
Security Testing
Veracode (2006, Burlington, $114M, Acq.) – Cloud based platform to govern and mitigate software security risks across a single application or enterprise portfolio. Backed by Wellington Management. Acquired by CA in 2017.
Checkmarx (2006, Ramat Gan, $98.5M) – Provides static application security, mobile security and open source analysis products for enterprises and developers. Backed by Insight Venture Partners, XT Ventures and Salesforce.
Visual Testing
Applitools (2013, Tel Aviv, $2.5M) – Cloud based testing tool to validate visual aspects of web, mobile and native apps. Backed by Magma Venture Partners.
Usability Testing
User Testing (2007, California, $48.5M) – Platform to get feedback from users for apps and websites. Backed by Accel and Kern Whelan Capital.
UserZoom (2007, California, $36.5M) – Provides tools for online user experience research and remote usability testing. Backed by TC Growth Partners, Trident Capital and StepStone Group.
Emulator Testing
Sauce Labs (2008, SF, $96M) – Cloud based emulator platform for web and mobile application. Backed by Toba Capital, Triage Ventures and The Contrarian Group.
Genymotion (2011, Paris, $10M) – Android emulator that helps developers to test and view apps running on different combinations of large and small devices. Backed by Alven Capital and Bpifrance.
Device Lab
Perfecto Mobile (2006, Massachusetts, $83M) – Provides cloud based testing, automation and monitoring solutions for mobile applications and websites. Backed by Technology Crossover Ventures, Globespan Capital Partners, FTV Capital, Carmel Ventures and Vertex Ventures.
Xamarin (2011, SF, $82M, Acq.) – Provides test cloud platform to run automated UI tests for iOS and Android apps across real devices. Backed by Insight Venture Partners, Floodgate, Charles River Ventures, Lead Edge Capital and Ignition Partners. Acquired by Microsoft in 2016.
Crowd sourced Testing
Applause (2007, Massachusetts, $116M) – Provides crowd sourced testing for functional testing and digital testing along with mobile beta management and mobile sentiment analysis. Backed by Goldman Sachs, QuestMark Partners, Scale Venture Partners, Longworth Venture Partners, Mass Ventures, Egan-Managed Capital and Mesco Ltd.
Bugcrowd (2012, SF, $23M) – Provides a market place to testers for security testing on web and mobile applications. Backed by Industry Ventures, Salesforce Ventures, Blackbird Ventures, Palladin Capital Group, Costanoa Venture Capital and Rally Ventures.
Test Management
QASymphony (2011, Atlanta, $47.5M) – Provides quality assurance and testing tools that integrate with workflow management. Backed by Insight Venture Partners, Fulcrum Equity Partners, BIP Capital, Poplar Ventures and KMS Technology.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount
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