Manish Bharti’s Post

Testsigma, a premier cloud-based test automation platform, has successfully completed an $8.2 million funding round led by MassMutual Ventures. Existing investors Accel, STRIVE, and BoldCap, who previously invested $4.6 million in 2022, also participated in this round. Founded in 2019 by Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya P, and Rajesh Reddy, Testsigma is transforming how QA teams automate tests for web and mobile apps, as well as APIs. The platform allows users to create, manage, and execute end-to-end tests in plain English. This new funding will enhance the company’s GenAI features, enabling QA teams to generate test scenarios and cases from various inputs, including URLs, product designs, screenshots, and Jira stories. “We are witnessing a significant change in how QA teams approach automation. 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. MassMutual Ventures is a global venture capital firm managing over $1 billion in investment capital, with investments spanning various sectors, including financial technology, enterprise SaaS, healthtech, climate technology, and cybersecurity. Testsigma's GenAI features are aligned with industry forecasts. According to IDC, by 2028, GenAI-based tools are expected to write 70% of software tests, reducing the need for manual testing while enhancing test coverage, software usability, and code quality. Abhinav Chaturvedi of Accel Partners expressed enthusiasm, stating, “There is an accelerated demand for quality engineering teams to adopt low-code and AI-powered solutions. We are excited about the new GenAI capabilities and the growing adoption of Testsigma among the QA community and enterprises alike.” The global software testing services market is set for substantial growth, with a projected increase of $20.6 billion at a compound annual growth rate of 10.64% from 2023 to 2028. This growth is driven by the rising adoption of mobile testing to ensure software quality and performance across various platforms and devices, according to a May 2024 report by market research firm Technavio. #Testsigma #TestAutomation #Funding #FundingAlert #FundraiserAlert #VentureCapital #MassMutualVentures #Accel #STRIVE #BoldCap #GenAI #SoftwareTesting #QATeams #CloudPlatform #LowCode #AITesting #TechInnovation #SoftwareQuality #Innovation #MobileTesting #EnterpriseSaaS #HealthTech #ClimateTech #Cybersecurity #AllBoutCorps

OpenAI raises $6.6B and is now valued at $157B “…ChatGPT maker OpenAI has closed the largest VC round of all time. The startup today announced that it raised $6.6 billion in a funding round that values OpenAI at $157 billion post-money. Led by previous investor Thrive Capital, the new cash brings OpenAI’s total raised to $17.9 billion, per Crunchbase…” #VCround #valuation #startup #GenAI TechCrunch Crunchbase OpenAI Thrive Capital Informationbanker

🎉 The alpha version of #citizenai has been released! If you would like to help us test this new AI-based productivity tool (it's like having a software engineer in your pocket!), and hopefully make your life easier along the way, post a comment below or send us a message at [email protected]! #startupjourney #innovation #artificialintelligence #productivity #automation #startups #newproduct #projectmanagement

Israeli Startup Raised $6 Million for AI Assistant for DevOps Teams Kubiya.ai, an Israeli startup, raised $6 million and took its Seed funding to $12 million after initially raising $6 million in October 2022. Heavybit led the current financing, with Hyperwise Ventures participating. The company launched its new platform, AI Teammates, that enables the delegation of complex tasks to digital colleagues through organic, human-like conversations. "If fully automating a process was as simple as asking a colleague to take on a task, delegating with trust that it would be completed in a predictable, controllable, and auditable manner, then almost anything could be automated," said Kubiya co-founder and CEO Amit Eyal Govrin.  Kubiya is co-founded by CEO Amit Eyal Govrin and CTO Shaked Askayo in 2022. Source: https://lnkd.in/dxcdvPRe

🚀 OpenAI raises $6.6B, now valued at $157B! 🚀 The AI landscape just got a major boost with OpenAI’s latest funding round. This milestone isn’t just about another massive valuation—it's about the opportunities and challenges AI-driven startups face. As we navigate this rapid technological evolution, it’s essential for founders to think critically about IP, regulatory frameworks, and securing strategic partnerships. For those in the startup ecosystem, OpenAI's growth reminds us of how important it is to have robust legal foundations as we scale. #startups #AI #venturecapital #startupgrowth #legaltech

Kusho Raises $600,00 in Pre Seed Funding for Building AI agents to supercharge software reliability The pre-seed funding round led by Antler India, with participation from Blume Founders Fund and UpSparks Capital to enhance software reliability through AI agents.. Founded in 2023 by BITS Pilani alumni Abhishek Saikia and Sourabh Gawande, is the brainchild of Kusho. Revolutionizing software testing with AI ·      Kusho introduces a method of using proprietary models and foundational LLMs to simulate an AI software developer. ·      This AI is capable of identifying bugs in code with unprecedented accuracy and speed, far surpassing human capabilities, as per the startup. ·      It leverages these AI agents to ensure thorough testing of code throughout the development process and upon every new release. ·      Empowering developers, enhancing quality ·      Kusho said its technology aims to alleviate the burdens faced by software developers, allowing them to concentrate on creating and deploying high-quality software without the worry of overlooked bugs. #seedfunding #startup #softwaredevelopers #AI #devops #funding Sourabh GawandeKushoAI Antler Abhishek Saikia

ToyStack.ai, a Bangalore-based startup, has secured $325,000 in pre-seed funding led by Angel investors D. Devaraj of SDU LLP Chartered Accountants and Asit Shetty of Aveda Ventures. The funds will be used for product development, talent acquisition, sales, and marketing initiatives.ToyStack.ai is a cloud-based platform that helps developers and tech teams deploy their code quickly and easily. The platform provides a range of features to streamline the deployment process, including automated testing, continuous integration, and deployment pipelines.The company was founded in 2022 by a team of experienced software engineers and technology executives. ToyStack.ai is headquartered in Bangalore, India, and has a team of 10 employees.The pre-seed funding round will help ToyStack.ai to accelerate its product development and marketing efforts. The company is targeting a global market for cloud-based deployment tools, which is expected to grow to $10 billion by 2025. #startupregistration #fundingthatfitsyou #startupmarketing

Exciting News in AI: Kusho's Game-Changing Funding Round! Kusho just secured a massive $600K in pre-seed funding, led by Antler India! Why's this huge? Kusho's crafting AI agents to revolutionize software reliability. Quick 3-Step Insight into Kusho's Journey: Who's Behind Kusho? Sourabh Gawande and Abhishek Saikia, visionaries in AI, founded Kusho in 2023. Their goal? Transform software development. What Does Kusho Do? Kusho's AI agents are like super-smart developers that catch bugs fast and accurately, saving precious time and improving software quality. Who Backed Them? Alongside Antler India, investors like Blume Founders Fund, UpSparks Capital, and tech mavens Mohit Kumar, Vatsal Singhal, and Ashok Hariharan believe in Kusho's potential. Kusho's promise? To let developers create amazing software without the bug-hunt headache. P.S. Imagine AI saving your code from bugs. Think it’s the future of software development? Riddhima Thakur, Tariq Khan, Johannes Stuhler, Issac G., Christoph R. Härtel, Wil Schroter, Mahek Mody⤴️, Ahmed Danjuma Haruna, and,Sai Tharun   Continue reading the full article: https://lnkd.in/dYqC9JxP #TechInnovation #StartupFunding #AIRevolution #MondayFunding

🇨🇦 𝘾𝙖𝙣𝙖𝙙𝙞𝙖𝙣-𝙛𝙤𝙪𝙣𝙙𝙚𝙙, 𝙔𝘾-𝙗𝙖𝙘𝙠𝙚𝙙 𝙍𝙚𝙫𝙮𝙡 𝙘𝙡𝙤𝙨𝙚𝙨 $1.5𝙈 𝘾𝘼𝘿 𝙩𝙤 𝙝𝙚𝙡𝙥 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙘𝙖𝙩𝙘𝙝 𝙗𝙪𝙜𝙨 𝙬𝙞𝙩𝙝 𝘼𝙄! Revyl, launched by two Canadians, raised $1.5M CAD in pre-seed funding led by Panache Ventures, with support from investors like Feld Ventures, Y Combinator, and angel investors from Uber and Facebook. Using AI, Revyl’s platform aims to catch software bugs before they reach production, accelerating the triage process and minimizing testing time. Currently scaling in San Francisco, Revyl is already piloting its tech with some of the biggest companies. What do you think about AI solutions for bug detection? Let us know below! #CanadianTech #Startup #Funding #AI #SoftwareTesting #YCombinator #VentureCapital #Tech #TechNews