Software testing is a big part of the tech industry, which is quite apparent from its whooping USD 40 billion market size in 2019. And despite multiple tools being already available in the market for testing, the all-in-one test management solution provider startup Qase is making a name for itself. The company has raised $500,000 (approx £370,000) in its seed funding round and is now set to expand and further develop its offering.
Fresh funds to fuel growth
The latest seed funding round for Qase was led by S16VC, with participation from FinSight Ventures and ExpoCapital. The freshly raised funds will enable the company to bolster its development and marketing team and also forge more partnerships in the US and Europe. In a conversation with UKTN, the company’s founder and CEO Nikita Fedorov reveals that they are planning on doubling the headcount of their current team of 10 people.
“We love how users love Qase. It is a breakthrough product for the QA world that almost every software company needs. Happy to help the team to realize their vision,” says Alex Alpern, partner at S16VC fund. ...