Software Tester BrowserStack Lands $4B Valuation In Series B

Law360 (June 16, 2021, 12:36 PM EDT) -- Software testing business BrowserStack said Wednesday that a $200 million Series B round of funding, which included Bond Capital, Insight Partners and Accel, has valued it at $4 billion.

The company, founded in 2011, said in a statement the financing would be used to help it acquire new businesses, expand its products and continue growing.

"We are going to double-down on solving new developer problems in the space of DevOps testing," BrowserStack co-founder and CEO Ritesh Arora said in the statement.

"We will accelerate the rate at which we take new products to market through acquisitions and investment in our product...

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