Sauce Labs announces successful US$5 million funding and product enhancements

By IVCPOST Staff Reporter

Jul 17, 2013 02:22 AM EDT

Sauce Labs announced a fresh round of venture capital funding and a further enhancement to its products. Sauce Labs is a cloud-based web and mobile application testing solutions provider and its head office is located in San Francisco .

The company sealed a US$5 million Series C investment round yesterday. The latest venture capital investment round was exclusively led by Toba Capital, an Orange County-based venture capital firm. The capital raised will be used for further platform improvement and the expansion of Sauce Labs' sales and marketing operations.

The enhanced development is a new management console will provide enterprise clients and product users a reporting, collaboration, and monitoring platform. At least 50 million trials have been run in the Sauce cloud servers and are developers currently running more than six million trials a month. The console was built to help make it a lot easier for cross-functional teams to work with others, share test outcomes, and to increase the speed of the debugging processes.

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