Soasta Secures $30,000,000 New Funding

  • Feed Type
  • Date
    8/8/2013
  • Company Name
    Soasta
  • Mailing Address
    444 Castro St. 4th Floor Mountain View, CA 94041
  • Company Description
    SOASTA is a leader in cloud and mobile testing. Its web and mobile test automation solution, CloudTest and TouchTest enables developers, QA professionals and IT operations teams to test with unprecedented speed, scale and precision.
  • Website
    http://www.soasta.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds will be used to fortify the company’s position as the leading provider of mobile and web testing and real-user monitoring software to create a quality user experience. The investment will also be used to expand globally with additional marketing, sales, and development resources.
  • M&A Terms
  • Venture Investor
    Macquarie
  • Venture Investor
    Canaan Partners
  • Venture Investor
    Formative Ventures
  • Venture Investor
    Pelion Venture Partners