Soasta Receives $30,000,000 New Financing Round

  • Feed Type
  • Date
    3/25/2016
  • Company Name
    Soasta
  • Mailing Address
    444 Castro St. 4th Floor Mountain View, CA 94041 USA
  • Company Description
    SOASTA is a leader in cloud and mobile testing. Its web and mobile test automation solution, CloudTest and TouchTest enables developers, QA professionals and IT operations teams to test with unprecedented speed, scale and precision.
  • Website
    http://www.soasta.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new round of funding will be used to restructure existing debt and provide additional growth capital to continue to drive SOASTA’s leadership in the Digital Performance Management (DPM) space.
  • M&A Terms
  • Venture Investor
    Tennenbaum Capital
  • Venture Investor
    Canaan Partners
  • Venture Investor
    Pelion Venture Partners
  • Venture Investor
    Formative Ventures

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