Conformiq Lands $4,200,000 New Financing

  • Feed Type
  • Date
    2/12/2009
  • Company Name
    Conformiq
  • Mailing Address
    12930 Saratoga Av. Saratoga, CA 95070
  • Company Description
    Conformiq’s vision since its inception has been to help product development organizations deliver better products to market faster through the use of its innovative test tools and methods. In 2007 the company introduced Qtronic™ – the industry leading automated functional-test design tool for mission critical software and systems. Qtronic has ushered a paradigm shift in the way functional test design is approached – test engineers focus on how the system-under-test (SUT) works instead of focusing on how to test it. Conformiq has developed a unique in the industry approach for the adoption of its breakthrough methodology by traditional test organizations – the Conformiq C2S2SM (Conformiq Customer Success Services) method is designed to enable the successful adoption of automated test design and is being utilized in test organizations in Europe and the United States.
  • Website
    http://www.conformiq.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,200,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Nexit Ventures
  • Venture Investor
    Undisclosed

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