LambdaTest Secures $6 Mn Funding From Sequoia Capital India’s Surge

SUMMARY

With the fresh capital, the company plans to build a next-generation cloud infrastructure for the developer and tester community globally

The company claims to have conducted more than 12 Mn tests by its 350,000 users

Lambda has seen 8-10% month-on-month growth in terms of sign-ups, customers, website visits, and revenue, and has more than 350,000 users from 132 countries using the platform

Cloud-based browser testing platform LambdaTest has raised $6 Mn in a funding round led by Sequoia Capital India’s Surge. Blume Ventures, Entrée Capital and Leo Capital also participated in the round, along with Gokul Rajaram and Ramakant Sharma.

With the fresh capital, the company plans to build a next-generation cloud infrastructure for the developer and tester community globally.

Founded in 2017 by Asad Khan and Jay Singh, LambdaTest is a testing infrastructure company that allows developers to seamlessly test their websites and apps on any browser or operating system environment.

The company claims to have conducted more than 12 Mn tests by its 350,000 users, including individuals, SMEs and Fortune 500 companies such as Xerox, Cisco, Deloitte, Media.net, Coca Cola, Trepp, SurveyMonkey, Capgemini, HBR, Dashlane and Zoho since its inception.

“Our ultimate goal is to bring the whole testing ecosystem to the cloud platform, where all testing processes are done in a seamlessly integrated infrastructure that is easy to scale up and helps for easy application, debugging, and ultimately helping to bring out the best quality products in the shortest amount of time,” said Asad Khan, cofounder & CEO, LambdaTest.

“This round of funding validates our efforts and strengthens our commitment to building a next-generation cloud infrastructure for the developer and tester community,” Khan added.

Lambda has seen 8-10% month-on-month growth in terms of sign-ups, customers, website visits, and revenue, and has more than 350,000 users from 132 countries using the platform, the company said in a statement.

Following the pandemic, the company claims to have seen 8-10% month-on-month growth in terms of sign-ups, customers, website visits, and revenue.

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