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LambdaTest, a a cloud-based software testing platformhas raised $38 million in a Series D funding round as it looks to expand its presence in existing markets and improve its AI capabilities.
The Series D was led by Avataar Ventures and saw participation from Qualcomm Ventures. This brings LambdaTest’s total funding to $108 million.
LambdaTest provides an infrastructure that allows companies to test their applications on more than 5,000 browser and operating system combinations. Instead of building and maintaining expensive test suites, companies can use LambdaTest’s cloud platform to see if their software is working as intended in different environments. LambdaTest also maintains labs with thousands of devices for testing.
The investment comes as software testing faces increasing pressure from the rise of AI-generated code. According to LambdaTest’s survey of more than 1,600 enterprise teams, only 23% of test bandwidth is spent on test design and planning, and significant time is spent on maintenance and operational tasks such as fixing broken tests, testing and debugging, and setting up test environments. .
The startup recently launched its KaneAI platform, which it describes as an “AI Native QA Agent-as-a-Service” aimed at automating many such tedious testing tasks. LambdaTest claims that the system can reduce manual effort in test script generation by 40%-70%.
“KaneAI is more than a tool – it’s a transformative approach to QA, enabling teams to test smarter and faster, with less manual effort,” said Asad Khan, CEO and co-founder of LambdaTest. “Our foundation in LambdaTest’s cloud-based platform gives us an advantage in delivering this solution at scale.”
The company also claims that the HyperExecute platform enables teams to execute tests 70% faster than traditional cloud networks, with 2.5x faster test resolution and 60% faster error detection.
The startup has also developed features such as patch test identification, which PWC reports helps reduce the time spent reporting and analyzing errors by 40%. LambdaTest said its test intelligence system offers automatic error classification and intelligent analytics, along with automatic retesting of failed tests and reordering of tests for faster feedback.
“As AI applications become more prevalent in the cloud and on devices, continuous testing with AI-based automation is critical to accelerating release cycles and improving the efficiency of the CI/CD pipeline,” said Quinn Lee, senior vice president and Global Head of Qualcomm. Enterprises. “LambdaTest’s comprehensive suite of products transforms software quality assurance with AI-powered autonomous testing systems. We are happy to support their journey.”
The startup, which competes with firms such as BrowserStack and SauceLabs, plans to deploy fresh capital to push deeper into its existing markets and expand its technology stack.
“Asad and team are a force of nature to be reckoned with – they have disrupted the entire market in a short period of time,” said Nishant Rao, co-founder of Avataar Ventures. “From building the first AI-powered, no-code QA solution to launching the only true e2e Enterprise-grade, secure test orchestration platform, they’ve completely changed the game.”
LambdaTest, which counts Premji Invest, Peak XV Partners and Blume Ventures among its backers, said it serves more than 15,000 customers, including Fortune 500 and G2000 enterprises in financial services, insurance, travel, retail and healthcare. According to the company, since its inception in 2017, users have performed more than 1.2 billion tests on the platform.
Avendus advised LambdaTest on its new funding round.
