LambdaTest Secures $38 Million to Advance AI-Driven Software Testing

Software testing startup LambdaTest raises $38M in Qualcomm-backed round - SiliconANGLE

LambdaTest Inc., a startup with software for finding technical issues in applications, today announced that it has raised a $38 million funding round. Avataar Ventures led the investment with participation from Qualcomm Ventures. The cash infusion follows a $45 million raise in 2022. According to LambdaTest, its total outside funding now stands at $108 million. A web application that works well in Chrome may not necessarily load pages reliably when it's accessed via Firefox. Quality inconsistencies can also emerge across devices and operating systems. As a result, developers must scan for application errors across every single browser, device and operating system combination that their customers use. Performing the process manually can be prohibitively time-consuming. LambdaTest provides a software toolkit that speeds up the task by enabling developers to create automated testing scripts. The company says that tests created with its products can evaluate an application across thousands of device, operating system and browser combinations. One of LambdaTest's flagship features is a tool called HyperExecute. It can distribute software tests across multiple cloud instances and run them in parallel, which is faster than carrying them one after another. LambdaTest is promising up an to 70% speed improvement compared with other quality assurance methods. There are several tools on the market that offer similar capabilities. Usually, they rely on a centralized orchestration engine to manage the cloud instances in which tests are run. Data can take a significant amount of time to move between the orchestration engine and the instances, which slows down testing. According to LambdaTest, HyperExecute has an architecture that avoids such delays by reducing network hops, or the number of network devices through which data traffic must travel. The company says that its software also speeds up the process of writing software testing scripts. In August, LambdaTest launched a tool called KaneAI that allows developers to generate tests using natural language prompts. They can modify tests and translate them between programming languages the same way. Another AI tool, Test Intelligence, speeds up the task of interpreting software test results. The tool can automatically highlight technical data that suggests an application may contain a bug. It likewise flags tests that didn't uncover any bugs but are inconsistent with earlier evaluations, which is often a sign there may be issue in a company's quality assurance workflow. LambdaTest provides its core feature alongside more specialized tools. LT Browser is a browser for testing mobile websites the company based on Chromium, the open-source project that underpins Chrome. Another LambdaTest service, Real Device Cloud, allows developers to test apps on cloud-hosted handsets. "As AI applications on the cloud and on devices become more prevalent, continuous testing with AI-driven automation is essential for accelerating release cycles," said Quinn Li, the global head of Qualcomm Ventures. LambdaTest will use its newly raised capital to enhance KaneAI and other components of its product suite. On occasion of the funding milestone, the company disclosed that its installed base comprises more than 2.3 million developers who have run over one billion tests to date.

Software testing platform LambdaTest secures $38 million for AI push

LambdaTest, a cloud-based software testing platform, has raised $38 million in a funding round as it looks to expand its presence in existing markets and advance its AI capabilities. The San Francisco and Noida-headquartered startup's Series D round has been led by Avataar Ventures with participation from Qualcomm Ventures, bringing its total funding to $108 million. LambdaTest provides infrastructure that lets companies test their applications across more than 5,000 browser and operating system combinations. Rather than maintaining expensive in-house testing labs, companies can use LambdaTest's cloud platform to validate their software works correctly across different environments. (LambdaTest also maintains labs with thousands of real-devices for testing.) The investment comes as software testing faces mounting pressure from the rise of AI-generated code. According to LambdaTest's survey of over 1,600 enterprise teams, only 23% of testing bandwidth is spent on test authoring and planning, with the majority of time consumed by maintenance and operational tasks like fixing broken tests, triaging and debugging, and test environment setup. The startup's recently launched KaneAI platform, which it describes as an "AI Native QA Agent-as-a-Service," aims to automate many of these tedious testing tasks. The system can reduce manual efforts in test script generation by 40-70%. Its HyperExecute platform enables teams to run tests up to 70% faster than traditional cloud grids, with 2.5x faster test resolution and 60% quicker error detection. For regulated industries like financial services and healthcare, public test cloud infrastructure has been a deterrent, with not all tests or environments able to run outside of company firewalls. LambdaTest's platform includes enterprise security features and compliance certifications including ISO 27001, SOC 2 Type 2, and GDPR. "Asad & team are a force of nature to be reckoned with -- in a short period of time they have disrupted the entire market," said Avataar founding partner Nishant Rao in a statement. "From creating the first AI-native, no-code QA solution to launching the only truly e2e Enterprise grade, secure test orchestration platform, they have totally changed the game." Founded in 2017, LambdaTest serves over 15,000 customers, including Fortune 500 and G2000 enterprises across sectors like financial services, insurance, travel, retail, and healthcare. Users have executed more than 1.2 billion tests on the platform to date. The startup, which competes with firms including BrowserStack and SauceLabs, plans to deploy the fresh capital to make deeper inroads in its existing markets and also broaden its technology stack. The startup, which counts Premji Invest, Peak XV Partners and Blume Ventures among its backers, has also developed features like flaky test identification, which PWC reports helped save 40% of time spent on error reporting and analysis. Its test intelligence system offers auto error categorization and smart analytics, along with automatic retries of failed tests and reordering of tests for faster feedback. "KaneAI is more than a tool -- it's a transformative approach to QA, empowering teams to test smarter and faster, with less manual effort," said Asad Khan, CEO and co-founder of LambdaTest. "Our foundation in LambdaTest's cloud-based platform gives us an edge in delivering this solution at scale."

Cloud-Based Unified Testing Platform LambdaTest Raises $38M

With this investment, the startup, which recently launched the AI agent KaneAI, has brought its total funding to $108 million. San Francisco-based LambdaTest, a cloud-based unified testing platform, has raised $38 million in its latest funding round, bringing its total investment to $108 million. LambdaTest was co-founded by Asad Khan and Jay Singh in 2017. The round was led by Avataar Ventures, with participation from Qualcomm Ventures, among others. The funding will fuel the company's efforts to revolutionise quality assurance (QA) through AI-driven solutions. Founded in 2017, LambdaTest has raised nearly $70 million in previous rounds, attracting top investors, including Premji Invest, Sequoia Capital India, Titanium Ventures, Leo Capital Holdings, and Blume Ventures. Recently, the startup unveiled an end-to-end AI Test Agent. KaneAI represents a different approach to software testing, enabling teams to author, debug, and evolve tests using natural language. It is also dubbed as an "AI Native QA Agent-as-a-Service." The platform supports popular tools such as Jira, Slack, GitHub Actions, and Microsoft Teams, making it an invaluable addition to any testing toolkit. The newly launched KaneAI platform claims to leverage AI to automate QA processes and reduce manual test script generation by up to 70%. It addresses the increasing complexity of software development, where faster release cycles and rigorous testing demands require innovative approaches. Avataar Ventures expressed confidence in LambdaTest's ability to reshape the future of software testing, noting its disruptive approach with solutions like KaneAI and HyperExecute, which offer end-to-end test orchestration with enhanced speed and security. Qualcomm Ventures also emphasised the transformative potential of LambdaTest's product suite, focusing on how its AI-driven testing systems are essential for improving CI/CD pipeline efficiency and accelerating release cycles. The company's comprehensive approach positions it as a leader in the rapidly evolving software quality assurance space. LambdaTest's AI-powered HyperExecute platform enhances the testing experience by running tests up to 70% faster than traditional cloud grids and accelerating test resolution by 2.5x, all while improving error detection by 60%. LambdaTest has been serving over 15,000 customers, including Fortune 500 companies, and facilitating more than 1.2 billion tests globally. The startup has projected a year-on-year growth of 105%, supporting more than 2.3 million developers and testers worldwide.

LambdaTest raises $38 million from Avataar Ventures, valuation hits $400 million

Mobile and web testing firm LambdaTest announced a $38 million funding in a new round led by growth-stage venture capital firm Avataar Ventures to expand its artificial intelligence (AI) offerings to enterprise users. Existing investors including Qualcomm Ventures also participated in the round. The new funding round valued the company at around $400 million, a person close to the development told ET. The firm will use the funds to add engineering talent to help accelerate its AI innovations such KaneAI, its quality assurance (QA) automation agent-as-a-service and AI native HyperExecute platform, and scale its existing product and technology. "With this funding, LambdaTest plans to advance KaneAI, launching AI Native QA Agent-as-a-Service to transform software QA with AI-driven insights, scalable test cloud, and advanced HyperExecute automation," the company said in a statement. Founded in 2017 by Asad Khan and Jay Singh, LambdaTest allows web developers to test their websites and apps on over 3,000 different combinations of browsers (and their different versions), operating system environments and devices. The firm, which has around 400 employees in India, the US and the UK, is looking to expand its workforce by 15-20% in the next year. "KaneAI is more than a tool -- it's a transformative approach to QA, empowering teams to test smarter and faster, with less manual effort. Our foundation in LambdaTest's cloud-based platform gives us an edge in delivering this solution at scale," said Asad Khan, CEO and co-founder of LambdaTest. With a year-on-year growth of about 105%, LambdaTest has over 2.3 million developers and testers worldwide, who rely on it to test intelligently, accelerate releases, and ship quality software with confidence and have executed more than 1.2 billion tests till date. HyperExecute enables teams to run tests up to 70% faster than any cloud grid by running tests intelligently across multiple environments, enabling 2.5x faster test resolution and 60% quicker error detection. The latest platform, KaneAI, can help reduce manual efforts in test script generation, reducing it by 40-70%, the company highlighted. "Asad & team are a force of nature to be reckoned with -- in a short period of time they have disrupted the entire market. From creating the first AI-native, no-code QA solution (KaneAI) to launching the only truly e2e Enterprise grade, secure test orchestration platform (HyperExecute), they have totally changed the game and pulled the rug out from under existing CBT vendors," said Nishant Rao, founding partner at Avataar. Previously, LambdaTest has raised nearly $70 million from top investors in previous funding rounds, including Premji Invest, Sequoia Capital India, Titanium Ventures, Leo Capital Holdings, and Blume Ventures.

LambdaTest Bags $38 Mn To Bolster Its Testing Infrastructure

With this round, LambdaTest claims to have raked in a total funding of $108 Mn till date. Cloud-based browser testing startup LambdaTest has raised $38 Mn (around INR 322.4 Cr) in an undisclosed funding round led by Avataar Venture Partners, along with participation from Qualcomm Ventures. With this round, the startup claims to have raked in a total funding of $108 Mn till date. The company will use the fresh capital to boost its application testing infrastructure for helping brands to enhance their digital footprint. "We plan to use this funding to advance our products, KaneAI - which is our AI Native QA (Quality Assurance) agent as a Service, Test Cloud, and advanced HyperExecute automation," the company spokesperson told Inc42. The investment is further focussed on research and development (R&D) activities, Inc42 has learnt. "KaneAI is more than a tool -- it's a transformative approach to QA, empowering teams to test smarter and faster, with less manual effort," said Asad Khan, ceo and cofounder of LambdaTest. Founded in 2017 by Khan and Jay Singh, LambdaTest is a testing infrastructure startup that allows developers to seamlessly test their websites and apps on any browser or operating system environment. On securing investment, Khan said, "We are thrilled to have the support of Avataar Ventures and Qualcomm Ventures as we reshape the future of QA." The users on the platform can run both manual and automated tests of web and mobile apps on more than 5000 different browsers, real devices, and OS environments, claims LambdaTest. The startup further claims to have more than 10,000 enterprise customers and over 2 Mn users across 132 countries. LambdaTest raised $45 Mn in a strategic investment led by Premji Invest in 2022. The startup counts the likes of Sequoia Capital, Blume Ventures, Leo Capital and Entree Capital amongst its investors. As per the Inc42's Indian Tech Startup Funding Report Q3 2024, the Indian startups have secured more than $3.4 Bn in funding in the third quarter of 2024. Prior to that, in the first half (H1) of 2024 Indian startup ecosystem attracted a capital inflow worth $5.3 Bn across 504 funding deals.