By Gedalyah Reback, GeekTime
The round
brings their total haul to $90 million. Current investors FTV Capital, Carmel
Ventures,
Globespan and Vertex Ventures also jumped back in. The money will
expand marketing operations in North America, Europe, and the Far
East. They plan on expanding staff at its Israeli HQ as well as at new
locations in Australia, China, Japan, and Toronto. Perfecto previously raised $20
million in Series D last year.
Their main
solution is called Continuous Quality Lab, providing constant monitoring and
automated testing to optimize user experience on different platforms under real
user conditions. They tout being able to test apps in use from any model of
device or network. In 2015, they also introduced Wind Tunnel to get predictive
analysis of an app’s performance once it hits the market at a later date.
In
September, Accenture released survey results of 2,000 executives,
only 54% of whom said post-release quality assurance (QA) testing of their apps
was critical to their business. Technavio predicted last year that the global
software testing marketing would grow at a compound annual growth rate
(CAGR) of 11.15% through 2018. ABI Research had predicted in 2012 that the market
for app testing would quadruple to more than $800 million by 2017.
Its main
Israeli competitors are Applause, which has raised $80 million and
acquired two companies, and We-Test, which crowdsources testing.
CEO Eran
Yaniv, CTO Yoram Mizrahi and former VP Sales Jacky Allal founded Perfecto
Mobile in 2006. They employ over 300 people and have more than 1,500
active business customers, including major brands HP, Microsoft, Comcast,
Liberty Mutual, and IBM. The company’s HQ are in Rosh Ha’Ayin, Israel.