LambdaTest, the main cloud-based unified testing platform, has secured a $38 million funding spherical led by Avataar Ventures, with participation from Qualcomm Ventures, bringing the whole funding to $108 million. With this funding, LambdaTest plans to advance KaneAI, launching AI Native QA Agent-as-a-Service to remodel software program QA with AI-driven insights, scalable Check Cloud, and superior HyperExecute automation.
LambdaTest has 15,000+ clients, together with Fortune 500 and G2000 firms. Its newest merchandise launched embody KaneAI, an AI-driven QA automation Agent-as-a-Service, and AI native HyperExecute platform, which claims to allow firms to check their digital belongings with pace, precision, and scalability. HyperExecute, LambdaTest’s AI Native unified check execution and orchestration cloud, claims to allow groups to run exams upto 70% quicker than any cloud grid by working exams intelligently throughout a number of environments, enabling 2.5x quicker check decision and 60% faster error detection. Its newest product KaneAI claims to assist cut back guide efforts in check script era, lowering it by 40-70%.
With a YoY progress of about 105%, LambdaTest has 2.3 million+ builders and testers worldwide, who depend on it to check intelligently, speed up releases, and ship high quality software program with confidence and have executed greater than 1.2 billion exams until date.
Based in 2017, LambdaTest has raised almost $70 million from high traders in earlier funding rounds, together with Premji Make investments, Sequoia Capital India, Titanium Ventures, Leo Capital Holdings, and Blume Ventures.
