Testsigma Raises $8.2 Million in Funding Round

by Kay Aloha Villamor in June 6th, 2024

Testsigma, a San Francisco, California-based AI-powered, low-code test automation platform, raised $8.2 million in the funding round.  

In conjunction with the funding announcement, the company unveiled new GenAI capabilities to enhance its low-code platform.  

Investors  

The round was led by MassMutual Ventures, with participation from existing investors Accel, Strive, and BoldCap.   

Founded in 2014, MMV is a multistage, global venture capital firm investing in enterprise software, cybersecurity, financial technology, and digital health companies.  

About Testigma  

Founded in 2019 by Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya, and Rajesh Reddy, Testsigma provides a GenAI-powered, low-code test automation platform for quality engineering teams to automate tests at speed and scale without coding expertise. The company leverages its Natural Language Programming (NLP) engine to allow users to create, manage, and execute comprehensive automated tests for web and mobile applications, as well as Application Programming Interfaces (APIs). Some notable customers of Testsigma include Cisco, Samsung, Bosch, Oscar Health, and American Psychological Association. Testsigma is headquartered in San Francisco with engineering teams in Bangalore and Chennai. 

Funding Details                                        

Company: Testsigma Technologies Inc.   

Raised: $8.2M                                              

Round: Unknown   

Funding Month: June 2024                 

Lead Investors: MassMutual Ventures  

Additional Investors: Accel, Strive, BoldCap  

Company Website: https://testsigma.com/  

Software Category: Automated Testing

Source: https://www.prnewswire.com/news-releases/testsigma-raises-8-2m-led-by-massmutual-ventures-302164539.html 

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