SAN FRANCISCO, CA - (Feb 5, 2015) - Sauce Labs, Inc., the leading cloud-based web and mobile application testing platform, today announced it has secured an additional $15 million in Series D expansion funding from current investor, Toba Capital. The news comes as Sauce Labs experiences overwhelming growth with over 200 million total tests run on its platform, and 145 percent revenue growth in 2014.
The new round of funding will extend both the company's core web application testing offering and its mobile testing platform, as well as provide continued backing of Appium, the premier open source mobile automation tool developed by Sauce Labs and a thriving community of open source contributors. Additionally, it will be used to expand the company's infrastructure, development team, and international operations.
"Automated testing is critical to modern software development," said Jim Cerna, CEO of Sauce Labs. "We've seen tremendous adoption among web developers, and as mobile developers refine their continuous integration and continuous delivery processes, there is growing demand for scalable, reliable testing for mobile apps, as well. This new round of funding will help us continue to build out the infrastructure to meet this demand."
"As software teams embrace continuous integration and delivery processes, automated testing plays a crucial role in improving quality and time to market, for both web and mobile applications. Enterprises and organizations of all sizes turn to us because we help them make their delivery pipelines efficient and reliable, while improving software quality along the way," said Steve Hazel, co-founder and chief product officer of Sauce Labs.
Sauce Labs provides an instantly scalable testing cloud that is optimized for continuous integration (CI) and continuous delivery (CD). When tests are automated and run in parallel on multiple virtual machines across multiple browsers and platforms, testing time is reduced and developer time is freed up from managing infrastructure. When paired with a CI system, developers can easily test web, hybrid and native applications early on in their development cycles, continuously and affordably. Sauce Labs currently supports more than 450 browser, operating system and device platform combinations.
"The application development market is rapidly shifting with the adoption of continuous integration (CI) and continuous delivery (CD)," said Tyler Jewell, partner at Toba Capital and Sauce Labs board member. "CI and CD eliminate the time constraints that inhibit teams from achieving their full market potential, making development, support and release instantaneous and ongoing. We are thrilled to support Sauce Labs as they continue to make these CI/CD processes more achievable and effective for every software development team."
About Sauce Labs
Sauce Labs is a privately-held company funded by Toba Capital, Salesforce Ventures, Triage Ventures and the Contrarian Group. For more information, please visit http://saucelabs.com.
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