Tech Company Financing Transactions
Sauce Labs Funding Round
Toba Capital participated in a $15 million funding round for Sauce Labs. The round was announced on 2/5/2015.
Transaction Overview
Company Name
Announced On
2/5/2015
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Toba Capital (Tyler Jewell)
Proceeds Purpose
The new round of funding will extend both the company's core web application testing offering and its mobile testing platform, as well as provide continued backing of Appium, the premier open source mobile automation tool developed by Sauce Labs and a thriving community of open source contributors. Additionally, it will be used to expand the company's infrastructure, development team, and international operations.
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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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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