Testim Announced $10 Million Series B Funding

Testim, a vendor of AI based software testing solutions, has announced it has closed $10 million in Series B funding to address the global demand for continuous testing. This funding round was led by SignalFire. Meron Capital and existing investors Lightspeed Venture Partners, NHN Ventures and Spider Capital also participated in the round, bringing the total amount of capital Testim has raised to $19.5 million.

This new funding will also help to bring to market Testim’s mobile app test automation platform, which is in early access. Additionally, Testim also announced that Ronit Belson recently joined Testim as its chief operating officer. She brings startup and enterprise experience from the DevOps space, leading companies and teams at Cloudmeter (acquired by Splunk), OpTier (acquired by SAP) and Rollout.io. Belson’s background in scaling high performing teams will support Testim’s plans to grow operations in North America and attract new hires across all departments including engineering, product, sales, marketing and customer success.