- Leading AI-based software testing provider Testim announced it raised $10 million in Series B funding.
Testim, a leading AI-based software testing provider, announced it raised $10 million in Series B funding to address the global demand for continuous testing allowing development teams to move rapidly without compromising software quality. This round of funding was led by SignalFire. And Meron Capital and existing investors Lightspeed Venture Partners, NHN Ventures, and Spider Capital also joined this round. Including this round, Testim has raised $19.5 million.
“To remain competitive, software teams must move faster than ever,” said Testim founder and CEO Oren Rubin. “We are helping them test more with much less effort, reducing their release risk and increasing their velocity to market.”
What does Testim do? Testim’s platform uses artificial intelligence to speed up test authoring and dramatically reduce test maintenance. Plus it ensures that companies can sustain a fast release cadence with the highest quality software. This is important since software releases that were once planned on a monthly basis now occurs weekly with updates nearly every day. AI-enabled test automation streamlines the software testing process at each stage of the DevOps lifecycle.
“When Testim was founded, our goal was to enable software teams to author tests 20 times faster than before. No one believed it was possible but by continuously innovating and leveraging new technologies, we met that goal. Now, we have a more ambitious one – to author 150 times faster through autonomous testing,” added Rubin.
This round of funding will also bring Testim’s mobile app test automation platform to market. Currently, the platform is in early access stages.
“We invested in Testim early because we recognized its leadership and innovation in the fast-growing test automation space,” added SignalFire founding partner and CTO Ilya Kirnos. “We’ve already seen Testim win customers like Autodesk, NetApp, LogMeIn, Sprinklr and JFrog. With 700 percent market growth in less than two years, Testim is on track to disrupt the $37 billion testing market with its technology innovation.”
Ronit Belson also recently joined Testim as COO. Belson is bringing startup and enterprise experience from the DevOps space as she has led companies and teams at Cloudmeter (acquired by Splunk), OpTier (acquired by SAP) and Rollout.io.
Eli Givoni, a QA and release manager at JFrog, said that the company that he works for relies on automated code testing coverage to ensure fast releases without compromising customer experience and software quality. “Writing a reliable UI functional test is an art and requires experience. Using Testim, engineers that have never written a single Selenium test can easily create stable quality tests with the right coverage that we need,” noted Givoni.
Testim was one of the first companies to introduce AI-based test authoring for native mobile applications and it achieved the goal of allowing customers to author 1,000 tests in a single month.
LogMeIn software development engineer Tamir Daniely pointed out that Testim actually made record and playback work for modern web apps — which makes it easier for non-technical team members to author tests. “It is quite easy to use and straightforward,” explained Daniely.
And Figure8’s head of mobile Rotem Itzhak acknowledged that Testim’s mobile product is so intuitive that the company is able to create a good test suite for the company’s Android app that integrates with their CD process “using very little effort.”
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