Monday, October 7

BrowserStack raises $200 mn funding at $4 billion valuation

DUBLIN and SAN FRANCISCO, 16th June 2021: World’s leading software testing platform BrowserStack raises USD 200 million in funding, led by BOND. The Series B round, which valued the company at USD 4 billion, also saw participation from Insight Partners and existing investor, Accel, a statement said.

BrowserStack offers software testing on the cloud and has over 50,000 customers and more than four million developer signups across 135 countries. Its products help developers build bug-free software.

BrowserStack was founded in 2011 at a coffee shop to solve one problem testing on different browsers, leading to BrowserStack’s first version, which helped developers test their websites on Internet Explorer 11.

The investment will support BrowserStack’s strategic acquisitions, expansion of its product offerings, and continued scale and growth.

In the last three years, BrowserStack has more than tripled its employee base to 750+ across seven countries and opened ten new data centers worldwide.

“Our global footprint of 15 data centers allows us to serve every developer from a location as close as possible to them,” said Nakul Aggarwal, co-founder, and CTO of BrowserStack. “This reduces latency, which saves developers time, and helps them release fast. We will continue to invest in our platform to ensure every developer has an amazing experience.”

As software continues to rewire everything, the bar on speed and quality continues to rise, and testing software across the expanding number of browsers and devices is a huge and expensive challenge for development teams to manage on their own,” says Jay Simons, General Partner at BOND. “BrowserStack makes this simple and cost-effective, giving developers instant access to the widest range of browser and device configurations to test their applications. This product is an absolute boon for today’s web and app developers.