SOASTA Raises $30 Million For Service That Uses The Cloud To Test Apps

SOASTA has raised $30 million in Series E funding for its cloud platform that helps developers test web and mobile apps. New investors, Macquarie Capital and ROTH Capital, joined Canaan Partners, Formative Ventures and Pelion Venture Partners in the round. SOASTA has now raised $63 million. The company last raised $11 million in December, 2011.

SOASTA has three primary platforms that it markets:

SOASTA represents the next generation of testing services, following companies like Mercury Interactive that had its success with testing client/server apps.

The company competes with the larger enterprise providers such as HP and IBM. But this is also a market with dozens and dozens of competitors. Companies like uTest do in-the-wild testing of apps. Apps are also getting increasingly complex, requiring new testing methods. Then there are the users, who are becoming ever more fickle. They will turn away if an app is slow. Add it all up and it’s apparent this market is just opening up, requiring more sophisticated testing and new methods for keeping mobile apps at the standard that users demand.

For deeper insights into the performance testing market, Suraj Sundarrajan has an excellent blog. Well worth the read for understanding the dynamics of application testing.

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