BrowserStack rises to $4 bn in worth with $200-mn funding

Software testing platform BrowserStack mentioned Wednesday it has raised a contemporary $200 million in funding led by Bond at a valuation of $4 billion, becoming a member of the rising league of homegrown unicorns. Founded in 2011 by Ritesh Arora and Nakul Aggarwal, the agency runs places of work in Mumbai, New York, Dublin and San Francisco.
The funding, which is a part of the SaaS (software-as-a-service) startup’s sequence B monetary spherical, additionally noticed participation from Insight Partners and present backer Accel. The agency will deploy the capital to fund strategic acquisitions, broaden its product choices and construct on its development.
In 2018, the startup had secured $50 million in sequence A funding from Accel. BrowserStack’s merchandise assist builders construct bug-free software program for web customers. —FE