LambdaTest recently launched KaneAI, an "AI Native QA Agent-as-a-Service," designed to automate testing tasks and reduce manual efforts in test script generation by 40-70%. Its HyperExecute platform allows for faster test execution and error detection. The startup serves over 15,000 customers, including Fortune 500 and G2000 enterprises, and has facilitated over 1.2 billion tests. Competing with firms like BrowserStack and SauceLabs, LambdaTest plans to use the new funding to deepen its market reach and expand its technology stack. The company has also introduced features like flaky test identification and a test intelligence system to improve error reporting and analysis efficiency.
Key takeaways:
- LambdaTest has raised $38 million in a Series D funding round led by Avataar Ventures, bringing its total funding to $108 million, to expand its market presence and enhance AI capabilities.
- The startup offers a cloud-based platform for testing applications across over 5,000 browser and operating system combinations, reducing the need for in-house testing labs.
- LambdaTest's KaneAI platform automates testing tasks, potentially reducing manual efforts in test script generation by 40-70%, and its HyperExecute platform accelerates test execution.
- With over 15,000 customers, including Fortune 500 companies, LambdaTest plans to use the new funding to deepen its market reach and broaden its technology offerings.