SeaLights Announces $30 Million Series B to Revolutionize Software Quality at Scale
Summary
"SeaLights is solving a real problem that has challenged companies for years," said Gil Perez, Deutsche Bank Chief Innovation Officer and Head of Corporate Ventures Capital Group. Powered by advanced Machine Learning, SeaLights cloud-based solution provides customers with full visibility into every potential quality risk associated with their software changes in real-time, enabling them to make faster data-driven release decisions. "These organizations have been modernizing their engineering toolsets, cloud infrastructures, and microservices architectures, and require a new approach that includes data analytics and actionable insights to deliver quality at speed." This round of funding will dramatically accelerate SeaLights growth, enabling global expansion of its team while continuing the development and release of new features and products to address software quality risks. Red Dot supports its portfolio companies in identifying and navigating expansion opportunities in fast-developing markets and within its LPs networks and businesses - with a focus on SE Asia and Japan.