Tech Company Financing Transactions

Sauce Labs Funding Round

On 11/16/2016, Sauce Labs raised $70 million in funding from Adams Street Partners, Centerview Capital Technology and IVP.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity

Adams Street Partners

Centerview Capital Technology (Buno Pati)

IVP (Sandy Miller)

Proceeds Purpose
With this influx of money, they plan to hire engineers, sales people and customer success personnel over the next year, which should allow them to take advantage of the growing demand in a more controlled fashion.

Company Information

Company Status
Private & Independent
Mailing Address
116 New Montgomery St. 3rd Floor
San Francisco, CA 94105
Email Address
Sauce Labs is the trusted source for Selenium-based software and services that accelerate the agile web development test process. Cofounded by the original creator of Selenium, Sauce Labs is a leader in the global Selenium community.
Sauce Labs LinkedIn Company Profile
Social Media
Sauce Labs Company Twitter Account
Company News
Sauce Labs News
Sauce Labs on Facebook
Sauce Labs on YouTube

Management Team

Email & Social
Chief Executive Officer
Charles Ramsey
  Charles Ramsey LinkedIn Profile  Charles Ramsey Twitter Account  Charles Ramsey News  Charles Ramsey on Facebook
Chief Financial Officer
Paul Joachim
  Paul Joachim LinkedIn Profile  Paul Joachim Twitter Account  Paul Joachim News  Paul Joachim on Facebook
Chief Marketing Officer
Terri Avnaim
  Terri Avnaim LinkedIn Profile  Terri Avnaim Twitter Account  Terri Avnaim News  Terri Avnaim on Facebook
Steve Hazel
  Steve Hazel LinkedIn Profile  Steve Hazel Twitter Account  Steve Hazel News  Steve Hazel on Facebook
VP - Bus. Development
John Coyle
  John Coyle LinkedIn Profile  John Coyle Twitter Account  John Coyle News  John Coyle on Facebook
VP - Customer Service
Manuel Ruiz
  Manuel Ruiz LinkedIn Profile  Manuel Ruiz Twitter Account  Manuel Ruiz News  Manuel Ruiz on Facebook
VP - Engineering
Brad Adelberg
  Brad Adelberg LinkedIn Profile  Brad Adelberg Twitter Account  Brad Adelberg News  Brad Adelberg on Facebook
VP - Operations
Heather McLinden
  Heather McLinden LinkedIn Profile  Heather McLinden Twitter Account  Heather McLinden News  Heather McLinden on Facebook
VP - Product Management
Lubos Parobek
  Lubos Parobek LinkedIn Profile  Lubos Parobek Twitter Account  Lubos Parobek News  Lubos Parobek on Facebook
VP - Sales
Tucker Callaway
  Tucker Callaway LinkedIn Profile  Tucker Callaway Twitter Account  Tucker Callaway News  Tucker Callaway on Facebook



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We do our best to report on all VC transactions involving tech companies. VC transactions reported here are derived from publicly available VC deal announcements. The data is sourced from, an affiliated venture.


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