QASymphony Raises $40M in Series C Funding

QASymphony, a of software testing solutions, has announced that it has raised $40M in Series C funding, led by New York-based venture capital and private equity firm Insight Venture Partners.

“Over the last five quarters we significantly exceeded expectations and positioned our company for continued growth,” said Dave Keil, CEO of QASymphony. “Our customers are clearly seeing the impact of our solutions on their business. Ninety percent say that qTest has improved software quality in their company and eighty six percent say it has significantly increased the speed of the testing process. With this Series C, we plan to aggressively invest in expanding our product leadership and in growing our global sales, marketing, and customer success teams to drive greater market share in North America and Europe.”

QASymphony was started in 2011 by the founders of KMS Technology, Vu Lam and Josh Lieberman, two successful technology entrepreneurs with over 20 years of software development experience. The company has experienced rapid growth in the past three years as they have tapped into a large market opportunity and offered a best-in-class solution. QASymphony’s enterprise customers include Amazon, Salesforce, Cisco, Visa, Barclays and Nordstrom. Customers choose qTest because it is feature-rich, easy-to-use and integrates with popular developer tools like Atlassian’s JIRA, Selenium and Jenkins, enabling teams to develop high quality software.