AAA Mabl maps out $20m series B

Mabl maps out $20m series B

GV, the corporate venturing subsidiary of internet and technology group Alphabet formerly known as Google Ventures, has led a $20m series B round for US-based software testing technology developer Mabl.

Venture capital firms CRV and Amplify Partners also contributed to the round, having provided $10m of series A funding for the company in February 2018.

Mabl has created a software platform that uses machine learning to automate software testing on a large scale. The capital will be used for product innovation and the expansion of its go-to-market and customer success teams.

The funding was revealed as the company releases a new version of its software called Mabl Enterprise, which adds remote testing and online test implantation tools.

GV general partner Karim Faris has joined Mabl’s board of directors in conjunction with the round. He said: “Driven by the technical strength of the founding team, Mabl takes a novel approach to automated web testing.

“We are excited to partner with Mabl as they usher in a new era of innovation in the testing space, and help enterprises deliver on the promise of effective DevOps (a method of software engineering where development and operation are brought together).”

By Robert Lavine

Robert Lavine is special features editor for Global Venturing.

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