Soasta Lands $6,400,000 Series B Funding Round

  • Feed Type
  • Date
    9/8/2008
  • Company Name
    Soasta
  • Mailing Address
    1975 Landings Dr. Mountain View, CA 94043
  • Company Description
    The world is changing. Everything in enterprise software is moving to the Web. The economic advantages of browser software delivery (no installs, instant availability everywhere, updates applied centrally) create great demand for this type of enterprise application. But, these new Web applications are difficult and expensive to test. In fact, most Web testing is currently hand built.
  • Website
    http://www.soasta.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,400,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The new funding will be used to support product enhancements, marketing, and business development efforts to address the growing demand for SOASTA’s web testing solution for Cloud Computing environments.
  • M&A Terms
  • Venture Investor
    Formative Ventures
  • Venture Investor
    Canaan Partners
  • Venture Investor
    The Entrepreneurs Fund

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