Tech Company Financing Transactions
Sauce Labs Funding Round
On 11/16/2016, Sauce Labs raised $70 million in funding from Adams Street Partners, Centerview Capital Technology and IVP.
Transaction Overview
Company Name
Announced On
11/16/2016
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Investors
Proceeds Purpose
With this influx of money, they plan to hire engineers, sales people and customer success personnel over the next year, which should allow them to take advantage of the growing demand in a more controlled fashion.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
116 New Montgomery St. 3rd Floor
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
Sauce Labs is the trusted source for Selenium-based software and services that accelerate the agile web development test process. Cofounded by the original creator of Selenium, Sauce Labs is a leader in the global Selenium community.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC transactions reported here are derived from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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