Jacob Neidhardt
December 10, 2024
SAN FRANCISCO, CA—Cloud-based software testing platform LambdaTest has raised $38 million in Series D funding, led by Avataar Ventures with participation from Qualcomm Ventures, bringing its total funding to $108 million. The investment aims to advance LambdaTest’s AI-driven testing capabilities and support its expansion in existing markets.
Revolutionizing Software Testing
LambdaTest enables companies to test software across over 5,000 browser and operating system combinations via its cloud platform. By eliminating the need for costly in-house testing infrastructure, LambdaTest streamlines workflows for developers and QA teams, helping them accelerate time to market with reliable software.
Key features include:
• KaneAI: An AI-powered QA automation assistant that reduces manual test scripting by 40–70%, dynamically adapting to changing codebases.
• HyperExecute: A testing platform offering 2.5x faster test execution and 60% quicker error detection, seamlessly integrating with CI/CD pipelines.
• Flaky Test Detection: Tools to identify and rectify unstable tests, cutting down error reporting and analysis time by 40%.
Expanding the Ecosystem
LambdaTest’s comprehensive platform supports testing on physical devices, integrating with over 120 tools and frameworks such as Jira, Selenium, and GitHub Actions. Its unified environment ensures seamless collaboration among developers, testers, and business teams.
Industry Backing
Investors recognize LambdaTest’s potential to lead AI-powered software quality assurance. Nishant Rao, Founding Partner at Avataar Ventures, highlighted the platform’s disruptive approach:
“Asad and the LambdaTest team have introduced groundbreaking solutions, redefining industry standards with AI-native, no-code QA and enterprise-grade test orchestration.”
Quinn Li, SVP at Qualcomm, added:
“With AI becoming integral to cloud and device applications, LambdaTest’s automation-first approach ensures robust CI/CD pipelines and faster release cycles.”
Global Reach and Achievements
Since its inception in 2017, LambdaTest has served over 15,000 customers, including Fortune 500 and G2000 enterprises across industries such as finance, healthcare, and retail. With more than 1.2 billion tests conducted to date, the company’s tools are integral to maintaining high-quality digital experiences.
Future Plans
The fresh funding will enable LambdaTest to deepen its technological innovations, expand its global footprint, and accelerate its mission to empower businesses with intelligent, scalable QA solutions.
For more information, visit LambdaTest.
