Cloud-based browser testing platform LambdaTest has secured $6 million in what appears to be a Series A funding round led by Sequoia Capital India’s Surge. Blume Ventures, Entrée Capital and Leo Capital also participated in the round, along with Gokul Rajaram and Ramakant Sharma.
In November 2019, Blume and Leo Capital had participated in LambdaTest’s $2 million pre-Series A round. The three-year-old startup will utilise the fresh capital for scaling its ecosystem and building cloud infrastructure for the developer and tester community.
“Our ultimate goal is to bring the whole testing ecosystem to the cloud platform, where all testing processes are done in a seamlessly integrated infrastructure that is easy to scale up and helps for easy application, debugging, and ultimately helping to bring out the best quality products in the shortest amount of time,” said Asad Khan, co-founder & CEO, LambdaTest in a press release.
A brainchild of Khan and Jay Singh, LambdaTest is a testing infrastructure company that allows developers to test their websites and apps on any browser or operating system. It allows users to run both manual and automated tests on their websites and web apps across more than 2000 different browsers and operating system environments.
Since its launch, LambdaTest claims to have been used to perform more than 12 million tests by its 350,000 users, including individuals, SMEs and Fortune 500 companies such as Xerox, Cisco, Deloitte, Media.net, Coca Cola, Trepp, SurveyMonkey, Capgemini, HBR, Dashlane and Zoho.
According to the company, it saw a huge increase in demand following the pandemic and recorded 8-10% month-on-month growth in terms of sign-ups, customers acquisition and revenue. It claims to have more than 350,000 users from 132 countries.
LambdaTest became a part of the recently announced fourth cohort of Sequoia’s accelerator program Surge. Besides LamdaTest, Surge has included PagarBook, Plum Insurance, Hashnode, Kyt, Studyroom, Tazapay, Let’s Dive, Richpanel, Mod.io, Otoklix, Aampe, Espilo and Shipsy in its program while three startups are in stealth mode.
Among them PagarBook, Plum, Shipsy, Kyt, Let’s Dive and Alpha Digital have also raised funds in 2020.