Kobiton raises a $5.2M Series A round for its mobile testing platform –

Funding Rounds

Summary

The round was led by BIP Capital, with support from seed investors KMS Technology and Kinetic Ventures, as well as BetterCloud executive chairman Jon Hallett, former Infor COO Ken Walters and Kevin Lee, the CEO of Kobiton. In total, Kobiton supports more than 350 devices and, of course, provides detailed logs for all tests, including full video, screenshots, system metrics and more. “Our own survey of over 1,500 organizations confirm the trends we’re seeing in the industry: First, companies have greatly advanced on the maturity testing model with more and more realization that extensive real-device testing is necessary to create flawless user experiences for all users on all devices,” Kobiton CEO Kevin Lee told me. “Second, organizations of all sizes have acknowledged that moving to automated testing is imperative to remain competitive in today’s fast-paced world. “Combined, these technologies will allow organizations to adopt mobile automation, at scale, in a cost-effective and time-efficient manner.” Like most companies at this stage, Kobiton plans to use the new funding to expand its sales, marketing, customer support and product development efforts.

$ Funding

$
Amount $5.2M Total raised
Date August 21, 2019 Announcement date
Investors BIP Capital, Kinetic Ventures Lead investors
Company https://kobiton.com Funded company

Classifications

industries
Fintech & Banking
applications
Networking and Cloud

AskAI Classifications

Labels
Software Development Mobile Testing Platform SaaS

Linked Companies

Kobiton
$10M to $25M
Appium
$1M to $5M