Sauce Labs, a US-based provider of cloud-based application testing tools, and whose investors include cloud-computing company Salesforce.com, has closed a $5m series C round led by venture firm Toba Capital, with participation from angel investor Scott Banister and existing investors including venture firm Triage Ventures
The funding will be used to support Sauce Labs’ global expansion and growth, particularly around its mobile and enterprise offering.
Sauce Labs’ total funding is at least $9.1m. Previously, in August 2012, the company closed a $3m series B round led by Triage Ventures, with participation from Salesforce.com; in July 2009, the company raised a $1.1m series A round from undisclosed investors.
Scott Banister said: “Multiplatform cloud testing is a strategic business advantage. With strategic support from Salesforce.com, Sauce Labs is providing a clearer path for enterprises to run large test suites in the cloud.”
Tyler Jewell, who led the Toba Capital investment and will be joining Sauce Labs’ board of directors, said: “The market opportunity for automated application testing is large, and the programmatic model is required to support mobile and web applications. We’re seeing this shift accelerate across the industry with Sauce Labs in the sweet spot of this market, adding big customer names with a highly scalable and durable testing as a service.”
John Dunham, chief executive officer and co-founder of Sauce Labs, said: “Demand for cloud-based application development tools is exploding and we are investing to support the needs of larger enterprises. We will use this financing to expand sales while expanding our portfolio to support every type of web and mobile application.”