Testsigma Raises $8.2 Million in Funding
SaaS company Testsigma has secured $8.2 million in funding.
Testsigma, an AI-powered, low-code test automation platform, has raised a $8.2 million funding round led by MassMutual Ventures, with participation from previous investors Accel, STRIVE, and BoldCap.
![testsigmalogo](https://www.spotsaas.com/blog/wp-content/uploads/2024/06/testsigmalogo-1024x576.png)
In addition, Testsigma has introduced new GenAI capabilities to their low-code platform and launched a product specifically designed for the Salesforce ecosystem. Built on their powerful low-code platform, this product is tailored to meet the needs of Salesforce developers and administrators, enabling them to significantly accelerate automated salesforce testing.
According to the press release, Rukmangada Kandyala, Founder and CEO of Testsigma, shared: “Quality engineering and DevOps teams currently use Testsigma’s low code test automation platform to test web, mobile and desktop apps in addition to database and APIs. With the new GenAI capabilities and our new product for the Salesforce ecosystem, we get one step closer to our vision of building the operating system for quality engineering teams. We have been investing heavily in GenAI and our customers are rapidly adopting generative AI practices.”
Anvesh Ramineni, Managing Partner at MassMutual Ventures, said: “We are witnessing a significant change in how QA teams approach automation. Testsigma’s AI-driven, low-code solution enables multiple user profiles, including manual testers and business analysts, to contribute to faster software releases. We are impressed by the rapid adoption of Testsigma’s platform among enterprise QA teams and are excited about the GenAI capabilities they have been building.”
![testsigma](https://www.spotsaas.com/blog/wp-content/uploads/2024/06/testsigma-1024x546.png)
About Testsigma:
Founded in 2019 by Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya, and Rajesh Reddy, Testsigma is a GenAI-powered, low-code test automation platform for quality engineering teams. It enables rapid and scalable test automation without requiring coding expertise. Utilizing a Natural Language Programming approach, Testsigma allows users to create complex automated tests in plain English while maintaining the structured approach of programming languages. Its customers include Samsung, Bosch, Cisco, and Oscar Health. In 2022, the company raised $4.6 million in funding.
(Image Credit: Testsigma)
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Storyblok Secures $80 Million in Series C Funding
CMS company Storyblok announced a $80 million Series C funding round led by Brighton Park Capital.
Storyblok, a headless content management system (headless CMS), has received $80 million in Series C funding led by Brighton Park Capital, with participation from existing investors HV Capital, Mubadala Capital, 3VC, and firstminute capital. This brings its total investment to $138 million.
![Storyblok logo](https://www.spotsaas.com/blog/wp-content/uploads/2024/06/storyblok-1024x576.png)
The new funding will boost its expansion in the US and Europe, allowing the company to achieve its goal of developing the first end-to-end content platform, powered by AI and automation.
Kevin Magan, Partner at Brighton Park Capital shared: “With a highly differentiated, easy-to-use platform, Storyblok is a leader in the CMS space, helping both marketers and developers to create content experiences across multiple channels quickly and efficiently. We are proud to be Storyblok’s first US investor as the company continues its rapid expansion in the region. Dominik and the Storyblok team have created tremendous momentum in a short period of time, and we’re excited to support their continued growth.”
Dominik Angerer, CEO and Co-Founder of Storyblok said: “Consumers expect great and consistent content experiences wherever they are. But businesses are having a hard time keeping up. In fact, our research found that 48% of businesses are embarrassed by their website. Storyblok already helps thousands of teams to develop and deliver the modern content experiences people love, while also providing best-in-class ROI. With this new funding, we will invest in building AI and automation tools to help teams get value from their content even faster throughout the entire content lifecycle.”
![storyblok3](https://www.spotsaas.com/blog/wp-content/uploads/2024/06/storyblok3-1024x576.png)
About Storyblok:
Storyblok is a headless content management system (CMS) that enables developers and marketers to create enhanced content experiences across all digital channels. In 2022, the company secured $47 million in Series B funding.
(Image Credit: Storyblok)
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