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CORRECTED - LambdaTest receives another pre-series A funding of $2M from Led by Blume Ventures and Leo Capital

San Francisco, Nov. 08, 2019 (GLOBE NEWSWIRE) -- LambdaTest, one of the leading browser compatibility and automation testing platform announced it has received Pre-Series A funding of $2 million. The round was led by Blume Ventures along with active participation from Leo Capital. Previously, the company had raised a funding of $1 Million which was led by Leo Capital in December 2018.A LambdaTest will use the funds to enhance its existing platform by investing in technology and research to introduce exciting features, scale infrastructure and increase performance. Additionally, onboarding new talent to the team is one of the areas of focus as well.LambdaTest was started with the aim of developing an integrated cloud based test execution ecosystem to eliminate the effort of testers and developers in building, maintaining and scaling inhouse test infrastructure.A A Currently, LambdaTest provides users with instant access to 2000+ different mobile and desktop browser and OS combinations. Users can perform both automation and live interactive testing their scalable cloud infrastructure. It also brings over 50+ integrations which include project management, CI/CD platform as well as test automation frameworks. In a short span of time, LambdaTest has acquired over 110,000 active users from 130+ countries.Speaking about the funding, Asad Khan, Co-Founder & CEO LambdaTest said, a??LambdaTest has been able to create a distinct name in the cloud based testing space because of its breakthrough technology, best in the industry performance, fast customer support, and amazing features. We offered a complete package to our customers and this round of funding showcases the confidence that the industry and the investors have in us. With our continuous & agile approach to offer new features, we believe that LambdaTest has the potential to outperform other platforms."
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