IANS | 06 Jun, 2024
Artificial Intelligence (AI)-powered, low-code test automation platform
Testsigma on Wednesday announced that it has raised $8.2 million in funding led
by MassMutual Ventures.
Previous investors Accel, STRIVE and BoldCap also participated in the
round.
Testsigma also announced new GenAI capabilities to their low-code
platform and unveiled a new product specifically designed for the Salesforce
ecosystem, leveraging their robust low-code platform.
"With the new GenAI capabilities and our new product for the
Salesforce ecosystem, we get one step closer to our vision of building the
operating system for quality engineering teams. We have been investing heavily
in GenAI and our customers are rapidly adopting generative AI practices,"
Rukmangada Kandyala (KR), Founder and CEO of Testsigma, said in a statement.
Testsigma previously raised $4.6 million led by Accel along with STRIVE
and BoldCap in 2022.
"Testsigma's AI-driven, low-code solution enables multiple user
profiles, including manual testers and business analysts, to contribute to
faster software releases," said Anvesh Ramineni, Managing Partner at
MassMutual Ventures.
As per IDC, GenAI-based tools will be capable of writing 70 per cent of
software tests by 2028, decreasing the need for manual testing, and resulting
in improvements to test coverage, software usability and code quality.
Testsigma was founded by Kandyala, Pratheep Velicherla, Vikram
Chaitanya, and Rajesh Reddy in 2019.
--IANS