Tech Company Financing Transactions
Applitools Funding Round
Applitools closed a $31 million Series C funding round on 4/18/2018. Investors included OpenView Venture Partners, iAngels and La Maison.
Transaction Overview
Company Name
Announced On
4/18/2018
Transaction Type
Venture Equity
Amount
$31,000,000
Round
Series C
Investors
OpenView Venture Partners (Lead Investor) (James Baum)
Sierra Ventures (Timothy Guleri)
Proceeds Purpose
Applitools will use this investment to fuel market expansion of its Artificial Intelligence (AI) Powered Visual Testing and Monitoring solution by scaling its R&D, Operations, and Sales.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
155 Bovet Rd. 600
San Mateo, CA 94402
USA
San Mateo, CA 94402
USA
Phone
Website
Email Address
Not Recorded
Overview
Applitools was founded by software developers on a mission to shorten the release cycles of their product Despite having good unit test coverage and automated end-to-end functional tests, a full manual regression of the UI, covering multiple operating systems, web browsers, screen resolutions and localizations, took days to complete.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gil Sever
Chief Marketing Officer
James Lamberti
Chief Operating Officer
Moshe Milman
Chief Technical Officer
Adam Carmi
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We document tech company VC transactions. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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