SOASTA today announced the successful close of $10 million in Series C funding as it prepares its global expansion.
The round was led by UV Partners, and included participation from all existing investors: Canaan Partners, Formative Ventures and The Entrepreneurs’ Fund. The company’s growth plan includes the opening of offices in Europe, broadening of the reseller channel and increasing its technology roadmap with product enhancements to address the growing demand for SOASTA’s cloud-based testing service.
Today’s announcement follows other significant company milestones. SOASTA recently announced a new partnership with Computer Sciences Corporation , a managed services provider, who has integrated CloudTest into its Trusted Cloud Services offering and its testing and development methodology. The company completed large web-scale tests with Best Buy, Hallmark, Leapfrog, M-Dot Networks, MySpace, Schlumberger, SAP and Zappos.com, and also announced open source support by offering JMeter users the ability to run their scripts in the SOASTA Global Test Cloud.
With the closing of the Series C funding, SOASTA adds Blake Modersitzki, managing director, UV Partners, to its board of directors.
SOASTA CloudTest On-Demand is a full-service offering. Customers simply describe the web user business process, such as logging into an account, executing a transaction, or browsing content. SOASTA’s team of experienced performance engineers build the tests, provision the complete cloud environment, execute the tests, and work with customers to analyze, fix and tune a site’s performance. SOASTA CloudTest’s unique, real-time metrics and analytics of massive test results data gives customers the performance intelligence they need to pinpoint and fix issues as tests are being run — ensuring greater confidence in website reliability and performance.
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