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Today: November 8, 2024
June 6, 2024
1 min read

Testsigma secures $82M in funding from MassMutual Ventures


TLDR:

  • Testsigma, a cloud-based test automation platform, raised $8.2 million in funding led by MassMutual Ventures.
  • Founded in 2019, Testsigma allows users to create, manage, and execute automated tests for web and mobile apps.

Testsigma, a cloud-based test automation platform for quality assurance (QA) teams, recently announced a successful $8.2 million funding round led by MassMutual Ventures. The company, founded in 2019 by Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya, and Rajesh Reddy, offers users the ability to rapidly create, manage, and execute end-to-end, automated tests for web and mobile apps, and APIs using plain English. The new GenAI features allow QA teams to generate test scenarios and test cases from various inputs such as URLs, product designs, screenshots, and Jira stories.

The investment from MassMutual Ventures reflects the changing landscape of QA automation, with AI-driven solutions like Testsigma enabling multiple user profiles to contribute to faster software releases. The GenAI-based tools are predicted to write 70% of software tests by 2028, reducing the need for manual testing and improving test coverage, software usability, and code quality.

Overall, the software testing services market size is expected to grow significantly, with Testsigma’s innovative approach positioning them well to capture a portion of this market growth. With continued advancements in AI-powered solutions and an increasing demand for quality engineering teams to adopt these technologies, Testsigma is poised for success in the QA automation space.


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