Software testing, software quality, test automation news for financing and acquisition of load testing, unit testing, functional testing and DevOps tools.

Synopsys Sells its Application Security Testing Business

May 7, 2024 0

Synopsys, Inc. (NASDAQ: SNPS) today announced it has entered into a definitive agreement with Clearlake Capital Group, L.P. and Francisco Partners, two global private equity firms, for the sale of its Software Integrity Group business in a transaction with a total value of up to $2.1 billion. Upon completion of the transaction, the business will emerge as a newly independent application security testing software provider.

uTest Changes Name to Applause & Buys Crowdtesting Firm Testhub

May 7, 2024 0

uTest has rebranded itself as Applause. The company also announced its entry into the EU market by acquiring German crowdtesting company, Testhub, which will become the European headquarters for Applause operations. The multi-million Euro deal consists of a combination of cash and equity and, as part of the acquisition, Berlin Technologie Holding (BTH) becomes a strategic investor in Applause EU.

Octomind Has Raised €4.5 Million for AI-based Web Testing

April 25, 2024 0

Six months after stepping out into the light from our stealth mode, the German startup Octomind successfully raised 4.5 million euros in seed capital. This funding round is led by the Cherry Ventures and supported by other angel investors.

Qualiti.ai Announced Strategic Investment & New CTO

March 5, 2024 0

Qualiti.ai, a provider of AI-driven test automation solutions, is excited to announce both a strategic investment from Crosslink Capital and the appointment of Tim Stewart as Chief Technology Officer (CTO).

LambdaTest Integrates with algoQA AI Testing Platform

March 5, 2024 0

LambdaTest has announced its integration with AlgoShack’s algoQA, an end-to-end automation testing platform powered by artificial intelligence. With the seamless integration of these platforms’ capabilities, businesses may gain remarkable efficiency and substantially boost developer productivity.

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