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SOASTA Authors: SOASTA Blog, AppDynamics Blog, Mehdi Daoudi, Jason Bloomberg, Mahesh Kulkarni

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Article

SOASTA Gets $12 Million More in Funding

The money is earmarked for accelerating the company’s international expansion and keeping its lead

Cloud-based web and mobile app-testing start-up SOASTA has gotten another $12 million in funding.

The round was led by the Entrepreneurs' Fund, with participation from prior investors Canaan Partners, Formative Ventures and Pelion Venture Partners.

The money is earmarked for accelerating the company's international expansion and keeping its lead.

The start-up has already seen investments of $20.7 million, according to CrunchBase, so the latest round pushes the number close to $33 million.

The company recently expanded its CloudTest Platform with functional test automation to deliver the first platform that both software developers and non-programmers can use to build and execute complex functional tests.

It claims upwards of 3,000 customers, including six of the top 10 retailers as well as American Girl, Chegg, Gilt Groupe, Hallmark, Intuit, Microsoft and Netflix.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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