Cloud-based browser testing startup, LambdaTest, raised $45 million in strategic investment round led by Premji Invest where existing investors Sequoia India, Telstra Ventures, Blume Ventures, and Leo Capital. Angel investors including SaaS firm Tricentis’ ex-CEO Sandeep Johri, also participated.
LambdaTest is a startup that provides testing infrastructure that allows developers to test their websites and apps in any browser or operating system environment. The funding will be used by the startup to accelerate product development and streamline its platform. The investment will also be used to accelerate growth and hire for a variety of roles and regions. LambdaTest claims to have been used by over 1 million developers and testers worldwide, and to have run over 100 million tests since its inception.