China-based mobile app testing service Testin has raised $54.9m in a series C round backed by IT media company International Data Group (IDG), China Money Network reported today, citing Chinese media reports.
Haiyin Capital led the round, investing alongside IDG Capital Partners, a China-based corporate venturing affiliate of IDG, and Banyan Capital.
Founded in 2011, Testin provides an automated cloud testing platform for mobile apps and games. IDG Capital made an eight-figure dollar investment in Testin in 2011, before Testin secured an undisclosed sum from IDG and Banyan in 2014.