The Economic Times daily newspaper is available online now.

    LambdaTest raises $6 million in funding led by Sequoia Capital India's Surge

    Synopsis

    The funding will be used by LambdaTest for scaling its ecosystem and building next-generation cloud infrastructure for the developer and tester community.

    fundingETtech
    Illustration: Rahul Awasthi
    Cloud-based browser testing platform LambdaTest has announced it has secured $6 million in funding led by Sequoia Capital India’s Surge, a rapid scale-up programme for startups in Southeast Asia and India. Blume Ventures, Entrée Capital and Leo Capital also participated in the round, along with Gokul Rajaram and Ramakant Sharma.

    The funding will be used by LambdaTest for scaling its ecosystem and building a next-generation cloud infrastructure for the developer and tester community.

    Elevate Your Tech Prowess with High-Value Skill Courses

    Offering CollegeCourseWebsite
    Indian School of BusinessISB Professional Certificate in Product ManagementVisit
    IIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisit
    IIM KozhikodeIIMK Advanced Data Science For ManagersVisit
    Founded in 2017 by Asad 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 environment.

    Since its launch, LambdaTest has been used to perform more than 12 million tests by its 350,000 users, including individuals, SMEs and Fortune 500 companies such as Xerox, Cisco, Deloitte, Media.net, Coca Cola, Trepp, SurveyMonkey, Capgemini, HBR, Dashlane and Zoho.

    LambdaTest has seen a sharp increase in demand following the pandemic. The company has seen 8-10% month-on-month growth in terms of sign-ups, customers, website visits, and revenue, and has more than 350,000 users from 132 countries using the platform.

    “Our ultimate goal is to bring the whole testing ecosystem to the cloud platform, where all testing processes are done in a seamlessly integrated infrastructure that is easy to scale up and helps for easy application, debugging, and ultimately helping to bring out the best quality products in the shortest amount of time,” said Asad Khan, co-founder & CEO, LambdaTest in a release.

    “This round of funding validates our efforts and strengthens our commitment to building a next-generation cloud infrastructure for the developer and tester community,” Khan added.
    The Economic Times

    Stories you might be interested in