Participated · Equity · Sep 2019

Kobiton offers a single mobile testing platform that integrates visual, functional and performance testing on real devices with next-generation, scriptless automation. The platform targets developers, QA and DevOps teams and aims to enable continuous mobile testing while reducing costly script maintenance. Kobiton cites AI capabilities and the Mobile Labs acquisition as drivers of its product innovation and capacity. Its customers include high-growth unicorns and blue-chip enterprises across retail, gaming, financial services, creative development and travel, explicitly naming IBM, Coca-Cola and Uber. The company has more than tripled its user base since its initial seed funding and reports compounded annualized ARR growth in excess of 250% over that period. Planned uses for new capital include accelerated R&D, new features for designers and developers, and expansion of its go-to-market footprint. Kobiton is an Atlanta-based mobile testing platform that enables developers and QA teams to test apps on real devices both on desks and through a cloud service. The company emphasizes machine-learning tools to help build tests and integrates with the open-source Appium framework. Kobiton launched in 2017 and has a portion of its team based in Vietnam. To accelerate growth and expand its customer base, Kobiton acquired fellow Atlanta mobile-testing vendor Mobile Labs and plans to layer its AI/ML technology on top of Mobile Labs’ solution. There will be an upgrade path for Mobile Labs customers, no immediate plan to sunset existing services, and some Mobile Labs brands may be renamed. The company will more than double the number of its U.S.-based employees as a result of the acquisition. Kobiton offers a real-device mobile app testing platform that supports manual and automated testing in the cloud or on-premise to help companies improve app quality and app store ratings. The company was spun out of KMS Technology’s Upstar Labs and launched in 2016. Its platform has been used by more than 500 companies and 35,000 testers and developers; customers include Cap Gemini, Frontier Airlines, GreenSky, Office Depot, and Q2. Kobiton is adding AI-powered “Record & Playback” scriptless Appium automation capabilities to enable users to record interactions and play them back across hundreds of devices. With the new product features, the company plans to expand sales, marketing, customer support, and product development. Kobiton positions this technology to accelerate adoption of mobile test automation at scale for organizations that struggle with real-device complexity and scripting. Kobiton provides a mobile device cloud platform that centralizes mobile app testing across public, local and private devices. The platform offers centralized testing history and insights, access to in-demand devices to supplement inventory, cost savings, and integrations with preferred IDEs and development tools. Customers include large retail, financial services, creative development and travel companies. The company has more than 370 customers and 25,000 users on its platform. Kobiton will use the funds to expand its sales and marketing efforts. The company was co-founded by Josh Lieberman and Vu Lam and is led by CEO Kevin Lee; it is based in Atlanta, GA.

Led · Series A · Jan 2015

QASymphony provides enterprise test case management and exploratory testing solutions for development and QA teams. Its qTest Platform enables companies to improve speed, efficiency, collaboration and analysis during the testing process and integrates with developer tools like Atlassian’s JIRA, Selenium and Jenkins. The company was started in 2011 by the founders of KMS Technology, Vu Lam and Josh Lieberman, and is led by CEO Dave Keil. QASymphony serves over 400 customers across 20 countries, including Salesforce, Barclays, Adobe, Samsung, Verizon and Office Depot. It raised $40M in a Series C round and intends to use the funds to accelerate product development and global expansion. QASymphony is an Atlanta-based provider of enterprise-level agile testing software that gives businesses visibility and control over application quality in fast-paced development environments. Led by CEO Dave Keil, the company offers agile testing tools used to improve teams’ communication, productivity and collaboration. Customers named in the article include Adobe, Barclays, Salesforce and Office Depot. QASymphony secured a $3 million venture term loan facility to support its operations. The company will use the credit facility to finance its ongoing growth strategy, including expansion into the European market. QASymphony develops qTest and related testing products, including qTest eXplorer, to provide centralized test case management and session recording for agile teams. Its tools integrate with platforms like JIRA, VersionOne, and CA Agile Central. The company was founded in 2011 and has offices in Atlanta, Georgia and Ho Chi Minh City, Vietnam; it was spun off from KMS Technology in 2014. QASymphony counts customers such as Adobe, Dell, Verizon, Visa, Zappos, and Salesforce. The company has grown annual revenue from $400,000 to $3 million and expects to reach $10 million soon. It plans to use new capital for product development and marketing. QASymphony offers qTest, a cloud-based test case management tool that tightly integrates with JIRA to support agile software development. Its QA and testing solutions are designed to speed up software development by reducing testing time by about 40%. The company targets mid-size and large enterprises and counts customers such as Adobe, Barclays, BetterCloud, Salesforce Marketing Cloud, AirWatch, and Vonage. QASymphony emphasizes agile methodology and positions its product as most efficient for agile teams. The company plans to use new funding to expand sales and marketing and accelerate growth, including nearly 50% growth in Atlanta-based employees. QASymphony is headquartered in Atlanta, GA.