• About
  • Advertise
  • Careers
  • Contact Us
Friday, June 27, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home Business StartUPs

LambdaTest Closes $38 Million to Revolutionise QA with AI Native QA Agent-as-a-Service

by Joan Aimuengheuwa
December 11, 2024
in StartUPs
0
LambdaTest Closes $38 Million to Revolutionise QA with AI Native QA Agent-as-a-Service
LambdaTest Team

LambdaTest Team

UBA
Advertisements

Cloud-based unified testing platform, LambdaTest, has closed a $38 million funding round led by Avataar Ventures. 

With participation from Qualcomm Ventures, this funding brings LambdaTest’s total funding to $108 million.

The investment will accelerate the company’s mission to enhance quality engineering through innovation, and redefine industry standards for web and mobile software quality through its groundbreaking innovation, KaneAI – “AI Native QA Agent-as-a-Service” platform.

With 15,000+ customers including Fortune 500 and G2000 companies, LambdaTest has already established itself as a leader in the QA space. 

Its latest innovations include KaneAI, an AI-driven QA automation Agent-as-a-Service, and AI native HyperExecute platform, which enables companies to test their digital assets with speed, precision, and scalability. 

HyperExecute, LambdaTest’s AI Native unified test execution and orchestration cloud, enables teams to run tests upto 70% faster than any cloud grid by running tests intelligently across multiple environments, enabling 2.5x faster test resolution and 60% quicker error detection. 

The latest platform, KaneAI, can help reduce manual efforts in test script generation, reducing it by 40-70%.

These GenAI-powered innovations address a pressing need for streamlined and efficient QA processes, as software development lifecycles become faster, more rigorous, and increasingly complex. 

With a YoY growth of about 105%, LambdaTest has 2.3 million+ developers and testers worldwide, who rely on it to test intelligently, accelerate releases, and ship quality software with confidence and have executed more than 1.2 billion tests till date.

 “KaneAI is more than a tool—it’s a transformative approach to QA, empowering teams to test smarter and faster, with less manual effort,” said Asad Khan, CEO and co-founder of LambdaTest. 

“Our foundation in LambdaTest’s cloud-based platform gives us an edge in delivering this solution at scale, and we’re thrilled to have the support of Avataar Ventures and Qualcomm Ventures as we reshape the future of QA.”

 “Asad & team are a force of nature to be reckoned with — in a short period of time they have disrupted the entire market. From creating the first AI-native, no-code QA solution (KaneAI) to launching the only truly e2e Enterprise grade, secure test orchestration platform (HyperExecute), they have totally changed the game & pulled the rug out from under existing CBT vendors. 

“In a world where literally every industry & company is going through digital transformation, LambdaTest now becomes a must-have solution that delivers the best customer experience & accelerated time to market while also meaningfully cutting costs,” said Nishant Rao, founding partner at Avataar. 

“We’ve been inspired to see the high quality of their growth & are super bullish for the future. Avataar’s unique #OperatingVC model will help ensure they have active support at every stage of the journey to translate their first mover advantage into becoming the global market leader (but this time Built in India for the World)!” he added.

“As AI applications on the cloud and on devices become more prevalent, continuous testing with AI-driven automation is essential for accelerating release cycles and improving CI/CD pipeline efficiency,” said Quinn Li, senior vice president, Qualcomm Technologies, Inc. and Global Head of Qualcomm Ventures. 

“LambdaTest’s comprehensive product suite is transforming software quality assurance with AI-driven autonomous testing systems. We are excited to support their journey.”

This investment by Avataar Ventures and Qualcomm Ventures stresses the prospects of AI-driven tools in the QA market. 

With companies continually adopting cloud solutions to simplify their testing processes, LambdaTest’s comprehensive approach puts it at the forefront of QA innovation.

Founded in 2017, LambdaTest has raised nearly $70 million from top investors in previous funding rounds, including Premji Invest, Sequoia Capital India, Titanium Ventures, Leo Capital Holdings, and Blume Ventures.

Loading

Advertisements
MTN ADS

0Shares
Tags: AIAvataar VenturesGen AIKaneAILambdaTestNishant RaoQA Agent-as-a-ServiceQualcomm Ventures
Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Next Post
Nigeria’s National Grid Collapses for 12th Time in 2024

Nigeria’s National Grid Collapses for 12th Time in 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Enugu Ends Multiple Taxation, as Mbah Signs Bill into Law

Enugu Ends Multiple Taxation, as Mbah Signs Bill into Law

5 months ago
BlackRock Shuts Down $400M iShares ETF Due to Liquidity, Emerging Market Challenges

BlackRock Shuts Down $400M iShares ETF Due to Liquidity Challenges in Nigeria, Kenya

1 year ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.