LambdaTest Receives $38M Funding Round

Funding Rounds

▤ Summary

The round was led by Avataar Ventures, with participation from Qualcomm Ventures, bringing the total funding to $108 million. This pivotal investment will accelerate LambdaTests mission to democratize quality engineering through innovation, and redefine industry standards for web and mobile software quality through its groundbreaking innovation, KaneAI - "AI Native QA Agent-as-a-Service" platform. LambdaTest is an intelligent and omnichannel software quality assurance platform that enables businesses to accelerate time to market through AI-powered cloud-based test authoring, orchestration, and execution. Over 15,000+ customers and 2.3 million+ users across 130+ countries rely on LambdaTest for their testing needs. (c) by Massinvestor, Inc. For contact info, please check out our about page.

$ Funding

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Amount $38.0M Total raised
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Date December 10, 2024 Announcement date
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Investors - Lead investors
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Company lambdatest.com Funded company

▥ Classifications

industries
No industries detected
applications
Neural Networks

◇ AskAI Classifications

Labels
Software Testing SaaS Cloud Software

▦ Linked Companies

LambdaTest
$25M to $50M