Perfecto offers the Continuous Quality Lab™, a cloud-based testing environment of real devices and automated test scenarios that simulate real user conditions. Its Wind Tunnel™ product enables automated testing against real user conditions, and the platform runs over 1.2 million tests monthly. The company serves more than 1,500 customers, including roughly 50% of the Fortune 500 and nine of the 10 most valuable global brands. Perfecto has doubled its workforce in the past year and reports rapid customer expansion and record growth within existing accounts. The company is expanding geographically with new offices and data centers in Australia, China, Japan and Toronto, and has added senior executives to its leadership team. Recent capital will be used to expand product offerings and grow its global presence. Perfecto Mobile offers the MobileCloud™ Platform and an integrated mobile application quality suite that lets teams remotely access real devices connected to local cellular networks for development, functional and performance testing, monitoring and support. The platform is available as an enterprise private cloud or a sharable public cloud and includes products such as MobileCloud Performance™, MobileCloud Monitoring™ and MobileCloud Express™. The company serves more than 1,000 customers, including over 100 Fortune 1000 enterprises across financial, healthcare, retail and travel sectors, and has extended support to LATAM, APAC and EU markets. Perfecto says it is the de facto leader in the roughly $9 billion mobile app quality market and is coming off its most successful quarter and a fourth consecutive year of over 100% revenue growth. Going forward the company plans to significantly enhance its cloud offering with new services and capabilities and to expand sales and marketing activity globally to address emerging needs in distributed development and DevOps. Perfecto Mobile offers a SaaS-based MobileCloud™ platform that enables enterprises to remotely test, automate and monitor mobile apps on real smartphones and tablets connected to live cellular networks worldwide. The company targets enterprise mobile application lifecycle needs, addressing device diversity, new interaction methods, location sensitivity and continuous agile delivery. Perfecto reports more than 100% annual revenue growth and a customer base of over 600 organizations. Its solution suite is positioned as an enterprise-wide strategic resource for development, testing, monitoring and support, and the company cites partnerships with Accenture, Cognizant and Tata Services. Management says the new capital will accelerate innovation toward an end-to-end, cloud-based, enterprise-ready solution. Perfecto Mobile is headquartered in Woburn, Massachusetts. Perfecto Mobile is a Petah Tikva, Israel-based provider of SaaS mobile application testing software. Its core product is the Handset Cloud, which allows developers to test, certify and monitor apps on real handsets rather than in emulation environments. The company markets its solutions and services to mobile operators, handset vendors and mobile developers across the US, Canada, UK, France, Germany, Switzerland and Israel. Customers include Vodafone, Swisscom and Motorola. Vodafone Ventures made a strategic minority investment (amount undisclosed) that Perfecto says will be used to further develop and scale the Handset Cloud to more handsets, geographies and networks. Existing investors include Carmel Ventures and Vertex Venture Capital. Perfecto Mobile is a global provider of remote access and automated testing solutions for mobile devices. Its core product is the Handset Cloud testing service, which gives developers remote access to a range of mobile handsets for automated testing. The company plans to use new funding to expand the Handset Cloud service and increase the number of handsets available for testing in more geographical locations. It also intends to ramp up marketing and sales activities to reach more developers. Perfecto Mobile closed a $7m second round of financing led by existing investors Carmel Ventures and Vertex Venture Capital. The company was founded in 2006 and is headquartered in Petach Tivkva, Israel.

Total raised

$77M

Funding rounds

5

Latest round

Equity

Latest activity

Nov 2015