Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.
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
Red Hat announced the general availability of Red Hat Enterprise Linux 9.5, the latest version of the enterprise Linux platform.
Securiti announced a new solution - Security for AI Copilots in SaaS apps.
Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, has announced significant momentum around cloud native training and certifications with the addition of three new project-centric certifications and a series of new Platform Engineering-specific certifications:
Red Hat announced the latest version of Red Hat OpenShift AI, its artificial intelligence (AI) and machine learning (ML) platform built on Red Hat OpenShift that enables enterprises to create and deliver AI-enabled applications at scale across the hybrid cloud.
Salesforce announced agentic lifecycle management tools to automate Agentforce testing, prototype agents in secure Sandbox environments, and transparently manage usage at scale.
OpenText™ unveiled Cloud Editions (CE) 24.4, presenting a suite of transformative advancements in Business Cloud, AI, and Technology to empower the future of AI-driven knowledge work.
Red Hat announced new capabilities and enhancements for Red Hat Developer Hub, Red Hat’s enterprise-grade developer portal based on the Backstage project.
Pegasystems announced the availability of new AI-driven legacy discovery capabilities in Pega GenAI Blueprint™ to accelerate the daunting task of modernizing legacy systems that hold organizations back.
Tricentis launched enhanced cloud capabilities for its flagship solution, Tricentis Tosca, bringing enterprise-ready end-to-end test automation to the cloud.
Rafay Systems announced new platform advancements that help enterprises and GPU cloud providers deliver developer-friendly consumption workflows for GPU infrastructure.
Apiiro introduced Code-to-Runtime, a new capability using Apiiro’s deep code analysis (DCA) technology to map software architecture and trace all types of software components including APIs, open source software (OSS), and containers to code owners while enriching it with business impact.
Zesty announced the launch of Kompass, its automated Kubernetes optimization platform.
MacStadium announced the launch of Orka Engine, the latest addition to its Orka product line.