Thursday, August 8, 2013

SOASTA Expands With $30M

Mountain View-based mobile and cloud testing software provider Soasta recently raised $30M in a funding round, which came from Macquarie Capital and ROTH Capital, along with Canaan Partners, Formative Ventures and Pelion Venture Partners. The firm said the funding will go to bolster its positoin in mobile and web testing, plus to expand with additional marketing, sales, and development resources. SOASTA said its customers include Avaya, American Girl, Bonobos, Backcountry.com, Chegg, Experian, Gilt Groupe, Hallmark, Intuit, Microsoft and Netflix, among others. More information »