PE Fund Investments
Test orchestration platform LambdaTest raises $45-M led by Premji Invest
Noida and San Francisco-based LambdaTest, an end-to-end, cloud-based test orchestration platform, has raised USD 45 million in a round led by Premji Invest with participation from existing investors Sequoia Capital India, Telstra Ventures, Blume Ventures, and Leo Capital. Sandeep Johri, former CEO of Tricentis, has also invested in this round. LambdaTest will primarily use the capital for new product innovation. A part of the funds will be used to enhance the existing product capabilities and accelerate growth. The company is also looking to hire across multiple roles and geographies. LambdaTest's core test execution platform allows users to run both manual and automated tests of web and mobile apps across 3000+ different browsers, browser versions, and operating system environments. The company's other offerings include HyperExecute, a test orchestration platform to help businesses run end-to-end automation tests at the fastest speed possible, and Test-at-Scale (TAS), a test intelligence platform. LambdaTest had earlier raised close to USD 25 million from Sequoia Capital India, Telstra Ventures, Leo Capital Holdings, Blume Ventures, and others.
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