At a Glance
LambdaTest, a browser testing platform based in the cloud, has secured $16 million in a Series B fundraising round. The money will be utilized to build next-generation cloud infrastructure and extend the testing environment. As part of an ambitious expansion strategy, LambdaTest plans to hire 30 more workers in 2021. Xerox, Cisco, Microsoft, and Deloitte are among its clients.
LambdaTest, a Cloud-based browser testing platform, has raised $16 million in a Series B funding round led by Sequoia Capital India. Other participants include Telstra Ventures, MENA region investor Wamda Capital.
The newest financing will be used to expand the testing environment and construct next-generation cloud infrastructure for consumers. With a new suite of products slated to arrive in 2021, it also wants to widen its reach with the testing community by connecting with developers. According to the company, these products are made for them to execute experiments on a large scale.
LambdaTest’s vision is to empower 23 million developers and testers worldwide with a powerful, comprehensive, and secure continuous quality test platform. Our upcoming product lines will enable tech teams to ship high-quality code seamlessly, boosting their release velocity.Asad Khan, CEO
LambdaTest plans to employ 30 additional people in 2021 as part of an aggressive expansion strategy that includes new products to address a more extensive range of testing demands. Blume Ventures, Leo Capital, and a group of seasoned tech founders who invested as angels were among its early investors.
San Francisco-based LambdaTest was founded by Asad Khan and Jay Singh in 2017. It is a cloud-based testing infrastructure firm that allows customers to test the look, feel, and performance of their websites and apps across more than 2,000 browsers, operating systems, and device combinations.
The firm claims to have attracted over 500,000 developers from 132 countries who have completed over 20 million tests since its inception. SMEs and Fortune 500 organizations including Xerox, Cisco, Microsoft, Deloitte, Media.net, Coca-Cola, Trepp, SurveyMonkey, Capgemini, HBR, 23andme, and Dashlane are among its customers.