Sauce Labs, a US-based cloud-based testing tools provider backed by cloud computing firm Salesforce.com, received $70m from investment firm Centerview Capital Technology, IVP and Adams Street Partners on Tuesday.
Sauce Labs operates a platform that lets software developers run automated tests of their web and mobile applications before publishing them, removing the need for on-site infrastructure. The company says it has processed more than 800 million such tests to date.
The cash will go towards continued development of the platform, with a particular focus on mobile applications. It will also drive recruitment across sales, marketing and customer support teams.
Bruno Pati, partner at Centerview Capital Technology, and Sandy Miller, general partner at IVP, will join Sauce Labs’ board of directors.
Sauce Labs secured $15m in series D capital in February 2015 from Toba Capital, the venture capital firm that also led its $5m series C round in 2013. The series C round also featured Triage Ventures and angel investor Scott Banister.
Salesforce Ventures, the corporate venturing arm of Salesforce, took part in Sauce Labs’ $3m series B round in 2012, which was led by Triage. Unnamed investors supplied $1.1m in series A funding for the company in 2009.
Charles Ramsey, chief executive of Sauce Labs, said: “Sauce Labs’ new funding and three new investors speak volumes about what the company has accomplished and the incredible market opportunity that lies in front of us.
“With Sauce Labs, our customers test up to ten times faster and no longer have to focus valuable resources on managing test infrastructure. In the new economy – where every business is a software business – this provides our customers with a significant advantage.”