LambdaTest has secured $6 million in Series A funding
Cloud-based browser testing platform LambdaTest has secured $6 million in what appears to be a Series A funding round led by Sequoia Capital India’s Surge. Blume Ventures, Entrée Capital, and Leo Capital also participated in the round, and Gokul Rajaram and Ramakant Sharma.
In November 2019, Blume and Leo Capital had participated in LambdaTest’s $2 million pre-Series A round. The three-year-old startup will utilize the fresh capital for scaling its ecosystem and building cloud infrastructure for the developer and tester community.
A brainchild of Khan and Jay Singh, LambdaTest is a testing infrastructure company that allows developers to test their websites and apps on any browser or operating system. It allows users to run manual and automated tests on their websites and web apps across more than 2000 different browsers and operating system environments.
The company saw a huge increase in demand following the pandemic and recorded 8-10% month-on-month growth in terms of sign-ups, customer acquisition, and revenue. It claims to have more than 350,000 users from 132 countries.
