Technology: SpotQA picks up $3.25M seed funding for its automated software testing - PressFrom - US
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TechnologySpotQA picks up $3.25M seed funding for its automated software testing

19:40  20 august  2019
19:40  20 august  2019 Source:   techcrunch.com

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Software testing is an investigation conducted to provide stakeholders with information about the quality of the software product or service under test .

Meanwhile, Dover says the new funding will be used to scale the business further and invest in its engineering and product team. “We at Cherry have the thesis that car ownership is going to change fundamentally in the next few years,” Cherry Ventures founding partner Christian Meermann tells me.

SpotQA, a new automated software testing platform that claims to be significantly faster than either manual testing or existing automated QA solutions, has raised $3.25 million in seed funding.

Leading the round is Crane Venture Partners, the newly outed London venture capital firm focusing on “intelligent” enterprise startups. Also participating is Forward Ventures, Downing Ventures and Acequia Capital.

Founded in 2016 by CEO Adil Mohammed, who sold his previous company to apparel platform Teespring, SpotQA's flagship product is dubbed Virtuoso. Described as an “Intelligent Quality Assistance Platform" that uses machine learning and robotic process automation, it claims to speed up the testing of web and mobile apps by up to 25x and make QA accessible across an entire company, not just software or QA engineers.

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Meet Wiselike, which has just picked up .25 million in seed funding led by GGV Capital, with […] Wiselike provides a web-based platform that allows users to sign up with their full credentials and expertise to share their knowledge with folks who have questions.

The company will use its new capital to speed up the development of its automated marketing platform, which it describes as “Rocket Fuel on steroids.” To use Multichannel’s platform, companies first add each of their advertising channels to the dashboard. The software looks at data from the

"Over the years working closely with engineering teams, I learned how the QA and testing process, when done inefficiently, can be a big barrier for company growth and productivity," Mohammed tells me. "The way testing is done today is not fit for purpose. Even automated testing methods are not keeping pace with agile development practices".

This results in software testing creating a bottleneck that prevents companies deploying as fast as they’d like to, says the SpotQA CEO, which is pain point for all involved, from developers to testers, all the way through to DevOps and production. "It has a real impact on the company’s bottom line," adds Mohammed.

The incumbent options are either manual testing or traditional automation. Mohammed says manual testing is slow and makes continuous development difficult as there is a constant "disconnect" between QA and other teams. In turn, traditional automation is not very smart and hasn't seen much innovation in the last decade. "It’s still very code based, relies on expensive automation engineers and it is difficult to setup and maintain," he argues.

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The startup could expand its reach into software and gaming, but the growing popularity of cloud software means Framed could be in a great spot right So the startup has taken on million in seed funding . The money will help Framed bring on account managers who can focus on bringing and

The company, which picked up top honors at our Structure: Europe Launchpad contest last year, has now also taken in seed funding from Shamrock Ventures and. The Amsterdam-based cloud code deployment platform Wercker just completed a seed funding round – the number is undisclosed, but

SpotQA picks up $3.25M seed funding for its automated software testing© Provided by Oath Inc. Explorations pages

In contrast, SpotQA claims to have designed Virtuoso so that software quality can be ensured across the entire software development lifecycle, something the company has branded "Quality Assistance".

"By using machine learning and robotic process automation, Virtuoso is by far the most efficient and effective way to ensure bugs, inconsistencies and errors can be identified and fixed in a fraction of the time taken using manual and traditional automated testing," says Mohammed.

Meanwhile, the London-based company will use the new injection of capital to scale engineering, sales and marketing, and to expand internationally. Existing Virtuoso customers include Experian, Chemistry, Optionis and DXC Technologies.

Software Stocks Plunge as Investors Grow Wary of Valuations.
Shares of some of this year’s highest-flying software stocks tumbled Monday as investors re-evaluate this year’s rally in light of the premium valuations their rapid revenue growth commands. Data-management software developer Alteryx Inc. plunged as much as 15%, while cybersecurity firm Crowdstrike Holdings Inc. sank 13%. They have been among 2019’s top performers, more than doubling since the start of the year. Both had revenue growth that exceeded 70% in the second quarter and trade at more than 20 times estimated sales, according to data compiled by Bloomberg.

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