SOASTA (previous CloudAve coverage), the company that offers comprehensive cloud based application testing tool, today announced that it has secured $12 Million in funding led by The Entrepreneurs’ Fund, with participation from priorinvestors Canaan Partners, Formative Ventures, and Pelion Venture Partners. Prior to this round, SOASTA has already scored $20.7 Million since their founding in 2006. SOASTA’s CloudTest platform helps organizations ensure that their applications are capable of scaling to any demand and offer predictable performance.
Even though they are in the field from 2006, they offered the cloud based testing in 2008. In fact, SOASTA is one of the first applications built for the cloud, to take advantage of its elasticity and scale. Their CloudTest platform helps organizations manage predictable performance of their web and mobile applications in the era where unpredictable traffic can come in from a social media trigger. They recently offered a free version of their platform, CloudTest Lite, to help any developer take advantage of cloud based testing.
The new series of funding will help them expand internationally and, also, beef up their platform to meet the needs of fast growing mobile testing market. Recently, I saw an article about increased VC funding for mobile first enterprise applications and SOASTA is well suited to help organizations monitor the readiness of mobile applications. SOASTA is in a position where I expect a big company to acquire them in the coming year. We have to wait and see if my guess turns out to be right.
- Cloud-Based App Testing Platform SOASTA Raises $12 Million (techcrunch.com)
- SOASTA secures $12m for cloud-based app testing (mobile-ent.biz)
- Cloud testing service Soasta secures another $12M in funding (venturebeat.com)
- SOASTA, the granddaddy of cloud testing, gets $12M (gigaom.com)