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Applitools has raised $8 million in a funding for its AI-based SaaS visual application testing and monitoring solution

siliconreview Applitools has raised $8 million in a funding for its AI-based SaaS visual application testing and monitoring solution

Applitools, the leader in AI-based Automated Visual Testing and Monitoring for mobile, web, and native apps, has raised an $8 million round led by Sierra Ventures. Bessemer Venture partners and existing investors Magma Venture Partners, iAngels and La Maison have also participated in the funding. The recent round brings the funding amount to $15 million.

Applitools has invented an AI-powered tool that uses computer vision to recognize changes to websites or mobile apps like typos, missing icons, or other content. The software testing company launched its SaaS offering in January 2015 and since then, usage has constantly grown 25% quarter-over-quarter. Today millions of visual tests are performed with Applitools each week. Applitools is trusted by companies of all sizes and serves more than 200 customers from S&P to Fortune 500 companies which include American Express, MasterCard, Sony, Salesforce, ServiceNow, Twilio, Wix and Siemens.

Gil Sever, CEO of Applitools said, “We are very pleased to have Sierra Ventures and Bessemer Venture Partners join our existing investors in this new round of funding. Their support validates our vision and gives us the capital we need to continue our mission – to bring AI-based Automated Visual Analysis to application test automation, application monitoring, and collaboration for automation engineers, DevOps, developers, and digital transformation leaders that need to adapt to Continuous `Delivery. It’s been an exciting few years since inception and the new funding will allow us to continue expanding our product offering and grow even faster.”