LambdaTest Secures $38 Million in Series D Funding to Enhance AI-Driven Software Testing and Global Expansion

LambdaTest, a cloud-based software testing platform, has secured $38 million in a Series D funding round led by Avataar Ventures, with participation from Qualcomm Ventures. This latest round brings the company’s total funding to $108 million.

LambdaTest provides a comprehensive testing infrastructure that allows companies to test their applications across more than 5,000 browser and operating system combinations. Instead of setting up and maintaining expensive testing suites, companies can use LambdaTest’s cloud platform to ensure their software runs as intended across different environments. The platform also maintains labs with thousands of devices for testing, offering live interactive cross-browser testing, automated browser tests, and AI-powered visual regression testing.

The investment comes at a time when software testing is facing increasing pressure from the rise of AI-generated code. According to a survey conducted by LambdaTest involving over 1,600 enterprise teams, only 23% of testing bandwidth is spent on test authoring and planning. A significant amount of time is consumed by maintenance and operational tasks such as fixing broken tests, triaging and debugging, and setting up test environments.

LambdaTest plans to use the fresh funding to enhance its AI-driven QA solutions, including its newly launched “AI Native QA Agent-as-a-Service” platform, KaneAI. This platform aims to revolutionize quality assurance through automation and AI, helping businesses drastically reduce time to market through faster test execution and ensuring quality releases and accelerated digital transformation.

Founded in 2017 by Asad Khan, LambdaTest has grown to serve over 15,000 customers and has executed more than 1.2 billion tests to date. The company boasts a customer base spanning 132 countries and has over 2 million users. LambdaTest’s continuous testing cloud comes with innovative features like smart workflows, auto-test grouping, auto-retry, and fail-fast techniques that allow testers and developers to concentrate on test creation rather than test execution and orchestration.

The funding will also be used to expand LambdaTest’s presence in existing markets and improve its AI capabilities. The company’s AI-powered unified enterprise test execution cloud platform helps businesses ensure quality releases and accelerated digital transformation by providing a wide range of testing services, including live and automated cross-browser testing, live and automated real devices testing, AI-powered visual regression testing, AI-powered Integrated Test Intelligence, and OTT app testing.

LambdaTest’s platform seamlessly integrates into the CI/CD pipeline with over 120 integrations across categories like communication, bug tracking, test management, test authoring, and automation. The company is SOC 2 Type II, ISO 27001, ISO 27017, and ISO 27701 standard certified, and GDPR, CCPA, and HIPAA-ready compliant, ensuring the highest level of security and reliability for its customers.

With this latest funding round, LambdaTest is poised to further strengthen its position in the software testing market and continue to innovate in the field of AI-driven QA solutions. The company’s commitment to delivering high-quality products and creating value for its customers aligns with its mission to be the go-to cloud test orchestration and execution platform for millions of testers and developers, enterprises, SMBs, small teams, and open source projects.