Cloud-based website-testing instrument BrowserStack has raised $50 million in a collection A spherical of funding led by Accel. The firm additionally introduced the opening of its new North American headquarters in San Francisco.
Founded out of Mumbai, India in 2011, BrowserStack lets builders take a look at how their web sites carry out with varied working techniques, units, and browser configurations, all by way of a cloud-based interface.
The firm has been fully bootstrapped till now, and it claims to have been worthwhile since its inception seven years in the past. Though this collection A spherical represents BrowserStack’s first exterior funding, notable corporations — together with Microsoft, Sequoia Capital, and Warburg Pincus — have reportedly been attempting to put money into the corporate for some time. Indeed, Accel associate Ryan Sweeney informed VentureBeat that his agency had been chasing BrowserStack to take some funding for “a few years.”
“Accel has an extended historical past of empowering builders, with investments in international corporations like Atlassian, Slack, and PagerDuty,” stated Sweeney, who additionally now joins BrowserStack’s board of administrators. “Like these different nice developer-oriented software program companies, BrowserStack places an emphasis on making builders’ lives simpler by way of its highly effective and intuitive merchandise. The speedy development of software program improvement, mixed with shorter software program launch cycles, has put an emphasis on environment friendly testing processes.”
So BrowserStack, it appears, is scorching property partially on account of its (till now) bootstrapped success, but in addition because of the variety of high-profile shoppers it claims — together with Bose, Microsoft, MIT, Twitter, Airbnb, Barclays, Gap, and Mastercard — together with some 25,000 prospects. The firm additionally entered a partnership with Microsoft final 12 months to permit builders to check their software program on the Edge browser, following an identical tie-up with Mozilla for Firefox.
With $50 million extra within the financial institution, BrowserStack stated that it intends to develop its testing infrastructure, increase its crew, and lift its model consciousness globally. The funds will even assist bankroll BrowserStack’s new San Francisco hub, which is able to go a way towards cementing the corporate’s place within the profitable North American market, the place greater than half its shoppers are already based mostly.
“Today’s funding permits BrowserStack to put money into enhancing our testing infrastructure suite and increasing our enterprise go-to-market capabilities whereas sustaining our extraordinary development trajectory — particularly within the North American market, the place we count on to extend our presence considerably over 2018,” stated firm CEO and cofounder Ritesh Arora.
Competitors within the area embody San Francisco-based Sauce Labs, which has raised north of $100 million in funding, together with a $70 million spherical a 12 months in the past.
This article sources info from VentureBeat