GitHub announced GitHub Copilot Free.
BrowserStack announced a $50 million Series A investment from Accel for a minority equity position.
The investment will fuel BrowserStack's continued commitment to being the testing infrastructure for the internet and allows the company to expand its team and raise global brand awareness.
The deal was led by Accel's Ryan Sweeney, Nate Niparko, and Shekhar Kirani, with Sweeney joining BrowserStack's board of directors.
The company also announced the opening of its new North American headquarters in San Francisco.
Founded in Mumbai, India in 2011 by serial entrepreneurs Ritesh Arora and Nakul Aggarwal, BrowserStack is a cloud web and mobile testing platform. BrowserStack enables developers to test websites and mobile applications across thousands of real mobile devices, browsers and operating systems.
As a profitable business, this is the first financing the company has received to date.
"Today's funding allows BrowserStack to invest in enhancing our testing infrastructure suite and expanding our enterprise go-to-market capabilities while maintaining our extraordinary growth trajectory; especially in the North American market where we expect to increase our presence significantly over 2018," said Arora, the company's co-founder and CEO. "Additionally, we have also added Google veteran Shailesh Rao as our Chief Operating Officer to help grow and scale our global business efforts as well as lead the San Francisco office."
"Accel has a long history of empowering developers, with investments in global companies like Atlassian, Slack and PagerDuty," said Sweeney. "Like these other great developer-oriented software businesses, BrowserStack puts an emphasis on making developers' lives easier through its powerful and intuitive products. The rapid growth of software development combined with shorter software release cycles has put an emphasis on efficient testing processes. BrowserStack is the company that makes testing fast and easy."
Industry News
Veracode acquired certain assets of Phylum, including its malicious package analysis, detection, and mitigation technology.
AppViewX announced the completion of its acquisition by Haveli Investments.
Check Point® Software Technologies Ltd. has been recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Email Security Platforms (ESP).
Progress announced its partnership with the American Institute of CPAs (AICPA), the world’s largest member association representing the CPA profession.
Kurrent announced $12 million in funding, its rebrand from Event Store and the official launch of Kurrent Enterprise Edition, now commercially available.
Blitzy announced the launch of the Blitzy Platform, a category-defining agentic platform that accelerates software development for enterprises by autonomously batch building up to 80% of software applications.
Sonata Software launched IntellQA, a Harmoni.AI powered testing automation and acceleration platform designed to transform software delivery for global enterprises.
Sonar signed a definitive agreement to acquire Tidelift, a provider of software supply chain security solutions that help organizations manage the risk of open source software.
Kindo formally launched its channel partner program.
Red Hat announced the latest release of Red Hat Enterprise Linux AI (RHEL AI), Red Hat’s foundation model platform for more seamlessly developing, testing and running generative artificial intelligence (gen AI) models for enterprise applications.
Fastly announced the general availability of Fastly AI Accelerator.
Amazon Web Services (AWS) announced the launch and general availability of Amazon Q Developer plugins for Datadog and Wiz in the AWS Management Console.
vFunction released new capabilities that solve a major microservices headache for development teams – keeping documentation current as systems evolve – and make it simpler to manage and remediate tech debt.
Check Point® Software Technologies Ltd. announced that Infinity XDR/XPR achieved a 100% detection rate in the rigorous 2024 MITRE ATT&CK® Evaluations.