Sauce Labs Lands $70,000,000 New Financing

  • Feed Type
  • Date
    11/16/2016
  • Company Name
    Sauce Labs
  • Mailing Address
    539 Bryant Street San Francisco, CA 94107 USA
  • Company Description
    Sauce Labs is the trusted source for Selenium-based software and services that accelerate the agile web development test process. Cofounded by the original creator of Selenium, Sauce Labs is a leader in the global Selenium community.
  • Website
    http://www.saucelabs.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $70,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    With this influx of money, they plan to hire engineers, sales people and customer success personnel over the next year, which should allow them to take advantage of the growing demand in a more controlled fashion.
  • M&A Terms
  • Venture Investor
    Centerview Capital Technology
  • Venture Investor
    IVP
  • Venture Investor
    Adams Street Partners

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