LambdaTest, which offers a cloud-based unified testing platform, announced that it secured a $38 million funding round led by Avataar Ventures, with participation from Qualcomm Ventures. This brings its total funding to $108 million.
The round is expected to accelerate LambdaTest’s mission to democratize quality engineering through innovation, potentially redefining industry standards for web and mobile software quality through its KaneAI AI native QA agent-as-a-service platform.
HyperExecute, LambdaTest’s AI-native unified test execution and orchestration cloud, reportedly allows teams to run tests up to 70 percent faster than cloud grids by intelligently running across multiple environments. These GenAI-powered innovations address a pressing need for streamlined and efficient QA processes, as software development lifecycles become faster, more rigorous and complex.
LambdaTest has 2.3 million+ developers and testers, worldwide.
“KaneAI is more than a tool—it’s a transformative approach to QA, empowering teams to test smarter and faster, with less manual effort,” said Asad Khan, the CEO and co-founder of LambdaTest. “Our foundation in LambdaTest’s cloud-based platform gives us an edge in delivering this solution at scale, and we’re thrilled to have the support of Avataar Ventures and Qualcomm Ventures as we reshape the future of QA.”
“Asad and team are a force of nature to be reckoned with — in a short period of time they have disrupted the entire market,” said Avataar founding partner, Nishant Rao. “From creating the first AI-native, no-code QA solution (KaneAI) to launching the only truly e2e Enterprise grade, secure test orchestration platform (HyperExecute), they have totally changed the game and pulled the rug out from under existing CBT vendors.”
“As AI applications on the cloud and on devices become more prevalent, continuous testing with AI-driven automation is essential for accelerating release cycles and improving CI/CD pipeline efficiency,” said Quinn Li, SVP, Qualcomm Technologies and global head, Qualcomm Ventures. “LambdaTest’s comprehensive product suite is transforming software quality assurance with AI-driven autonomous testing systems. We are excited to support their journey.”
Founded in 2017, LambdaTest has raised nearly $70 million in previous funding rounds that included Premji Invest, Sequoia Capital India, Titanium Ventures, Leo Capital Holdings and Blume Ventures.
