Cloud Testing Company SOASTA Raises $30 Million
SOASTA is a company that does cloud testing using web and mobile test automation and monitoring solutions. The company’s core products are called CloudTest, TouchTest, and mPulse. SOASTA powers the cloud testing solutions for many large companies like Avaya, American Girl, Bonobos, Backcountry.com, Chegg, Experian, Gilt Groupe, Hallmark, Intuit, Microsoft, and Netflix.
SOASTA has announced today that they have raised $30 million in funding from new investors Macquarie Capital and ROTH Capital. SOASA’s existing investors Canaan Partners, Formative Ventures, and Pelion Venture Partners also participated in this round. SOASTA will be using the funding to expand globally and increase their marketing, sales, and development resources.
“Delivering quality online user experiences are a critical component to sustaining ones Brand. As demands of online users continue to grow, we stay ahead of the market by providing companies with predictive analytics to better understand what real users actually experience,” stated SOASTA CEO Tom Lounibos. “This round of funding will accelerate our current expansion around the globe. We will continue to anticipate the needs of this market with innovative new products and services that ensure our customers can confidently deliver quality user experiences every time.”
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry