Fundz

LambdaTest raised $38 million in a funding round led by Avataar Ventures to expand its AI offerings for enterprise users.

PRIVATEDec 10, 2024

Amount Raised

$38 Million

Round Type

Funding Round

San FranciscoInformation TechnologySoftwareinformation technology & services

Investors

Qualcomm VenturesAvataar Ventures

Description

Mobile and web testing firm LambdaTest has secured $38 million in a funding round led by Avataar Ventures. The funds will be utilized for expanding engineering talent for AI innovations and scaling existing products and technology.

Who else raised in information technology & services and Software around the same time

Companies in the same sectors as LambdaTest that raised within 45 days of this round, from Fundz verified event records.

  • Health Catalyst raised $45M on January 22, 2025.
  • CVector raised $1.5M on January 22, 2025.
  • LeapXpert raised $20M (Series B) on January 21, 2025.
  • nexos.ai raised $8M (Angel) on January 17, 2025.
  • Cursor raised $105M (Funding Round) on January 15, 2025.
  • Synthesia raised $180M (Series D) on January 15, 2025.

Who to call at LambdaTest, and when

A new round usually means LambdaTest is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day LambdaTest raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at LambdaTest, from your own LinkedIn network

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Company Information

Company

LambdaTest

Location

500 Sutter St

San Francisco, California, United States

About

LambdaTest is an AI-powered unified enterprise test execution cloud platform that helps businesses drastically reduce time to market through faster test execution, ensuring quality releases and accelerated digital transformation. It has over 10,000 enterprise customers and over 2 Million users spanning 130 countries.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment LambdaTest raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsHemant D., Manager- Talent PartnerSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for LambdaTest's next move

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LambdaTest raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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