NEW DELHI : Cloud-based browser testing platform LambdaTest on Wednesday said it has raised $16 million as part of its series B funding round led by Sequoia Capital India. The fresh fundraise comes just six months after the company had raised $6 million as part of its series A round led by Sequoia Capital India’s accelerator programme, Surge. “As every company is becoming a software company and deployment cycles are shrinking, testing is becoming an increasingly important part of the software development cycle. Sequoia Capital India is excited to continue partnering with the LambdaTest team as they build an end-to-end testing system for developers," said Harshjit Sethi, principal at Sequoia India. The number of software tests on LambdaTest run by developers has almost doubled from 12 million to over 20 million in six months, the company said.

Source: Mint June 02, 2021 09:56 UTC