{"id":18280,"date":"2019-06-13T15:26:50","date_gmt":"2019-06-13T14:26:50","guid":{"rendered":"https:\/\/www.devopsonline.co.uk\/?p=18280"},"modified":"2019-06-13T17:07:13","modified_gmt":"2019-06-13T16:07:13","slug":"testim-raise-10-million-in-series-b-funding","status":"publish","type":"post","link":"https:\/\/devopsnews.online\/testim-raise-10-million-in-series-b-funding\/","title":{"rendered":"Testim raise $10 million in Series B funding"},"content":{"rendered":"
Testim, a prominent provider of software testing technology that uses AI, announced it closed $10 million in Series B funding. The San Francisco based company have already made success through enabling businesses to accelerate time-to-market.<\/p>\n
They are known for:<\/p>\n
This ensures that companies sustain a fast release cadence with the highest quality software. The aim of the funding is to address the demand for testing and developing software but without having to compromise quality. The extra money will also benefit the company through allowing them to accelerate autonomous testing.<\/p>\n
The money is by numerous companies, but it is SignalFire which stipulated the highest amount of $10 million. Other contributions from Meron Capital, NHN Ventures, Spider Capital and Lightspeed Venture Partners took the amount raised to $19.5 Million.<\/p>\n
Ilya Kirnos, founding partner and CTO of SignalFire, said: “We invested in Testim<\/a> early because we recognised its leadership and innovation in the fast-growing test automation space.<\/p>\n “We\u2019ve already seen Testim win customers like Autodesk, NetApp, LogMeIn, Sprinklr and JFrog. With 700% market growth in less than two years, Testim is on track to disrupt the $37 billion testing market with its technology innovation.”<\/p>\n