SOASTA Raises $12M in Funding
Summary
SOASTA, Inc., a Mountain View, California-based provider of cloud-based performance testing solutions, has raised $12m in funding.The company intends to use the funding to accelerate its international expansion and invest in the mobile testing market.Led by CEO Tom Lounibos, SOASTA provides products and services that leverage cloud computing to test the performance of consumer-facing web and mobile applications at scale.The company already has a base of more than 3,000 customers including well-known brands in the financial services, media, telecommunications, consumer packaged goods, and technology industries.Customers include American Girl, Chegg, Gilt Groupe, Hallmark, Intuit, Microsoft and Netflix, among the others.
Funding
Amount
$12.0M
Total raised
Date
December 12, 2011
Announcement date
Investors
Entrepreneurs Fund, Canaan Partners, Pelion Venture Partners, Formative Ventures, formativeventures.com
Lead investors
Company
http://www.soasta.com
Funded company
Classifications
industries
Fintech & Banking
applications
No applications detected
AskAI Classifications
Labels
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