Tech Company Financing Transactions
Soasta Funding Round
On 8/8/2013, Soasta landed $30 million in funding from Canaan Partners, Formative Ventures and Macquarie.
Transaction Overview
Company Name
Announced On
8/8/2013
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Canaan Partners (John Balen)
Formative Ventures (Clint Chao)
Proceeds Purpose
The funds will be used to fortify the company's position as the leading provider of mobile and web testing and real-user monitoring software to create a quality user experience. The investment will also be used to expand globally with additional marketing, sales, and development resources.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
444 Castro St. 4th Floor
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Website
Email Address
Overview
SOASTA is a leader in cloud and mobile testing. Its web and mobile test automation solution, CloudTest and TouchTest enables developers, QA professionals and IT operations teams to test with unprecedented speed, scale and precision.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Ken Gardner
Chief Executive Officer
Tom Lounibos
Chief Financial Officer
Pete Boyes
Chief Marketing Officer
Ann Ruckstuhl
Chief Technical Officer
Matt Solnit
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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