Sequoia India leads $16m round of browser testing platform LambdaTest

, a browser testing platform that’s based in San Francisco, announced it has raised US$16 million in its latest round of funding.

More funding details

  • Lead investor: Sequoia Capital India
  • Returning investors: Telstra Ventures, Wamda Capital, and an unamed sovereign wealth fund
  • Stage: Series B

More company updates

  • The fresh funds will be used to scale the company’s testing ecosystem and build an advanced cloud infrastructure for users.
  • LambdaTest will also broaden its reach by working with developers to launch a suite of products for the tester community by the end of the year and plans to hire 30 new employees by 2021 to fuel its expansion plans.
  • Since its launch, the firm has engaged over 500,000 developers in 132 countries who have performed more than 20 million tests. Its customers include Xerox, Cisco, Microsoft, Deloitte,, the Coca-Cola Company, Trepp, SurveyMonkey, Capgemini, HBR, 23andMe, and Dashlane, among others.
  • LambdaTest claims it has doubled revenues and increased customer numbers by 20% in the last six months since it raised US$6 million in its series A funding round in December 2020.
  • The number of software tests run by developers has almost doubled from 12 million to over 20 million in the same time period, according to the company.
  • LambdaTest is a testing infrastructure company that allows developers to test their websites and apps on browsers or in an operating system environment.

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