LambdaTest, a cloud-based unified testing platform, has raised $38 million in a funding round led by Avataar Ventures, with participation from Qualcomm Ventures.
The fresh round brings the total funding to $108 million. In previous funding rounds, LambdaTest raised nearly $70 million from top investors, including Premji Invest, Sequoia Capital India, Titanium Ventures, Leo Capital Holdings, and Blume Ventures.
The funds raised will be used to advance KaneAI, its artificial intelligence native quality assurance (QA) agent-as-a-service, to transform software QA with AI-driven insights, a scalable test cloud, and advanced HyperExecute automation.
“KaneAI is more than a tool—it’s a transformative approach to QA, empowering teams to test smarter and faster, with less manual effort. Our foundation in LambdaTest’s cloud-based platform gives us an edge in delivering this solution at scale, and we’re thrilled to have the support of Avataar Ventures and Qualcomm Ventures as we reshape the future of QA,” said Asad Khan, CEO and Co-Founder of LambdaTest.
“Asad & team are a force of nature to be reckoned with — in a short period of time they have disrupted the entire market. From creating the first AI-native, no-code QA solution (KaneAI) to launching the only truly e2e Enterprise grade, secure test orchestration platform (HyperExecute), they have totally changed the game & pulled the rug out from under existing CBT vendors. In a world where literally every industry & company is going through digital transformation, LambdaTest now becomes a must-have solution that delivers the best customer experience & accelerated time to market while also meaningfully cutting costs,” said Nishant Rao, Founding Partner at Avataar.
“We’ve been inspired to see the high quality of their growth & are super bullish for the future. Avataar’s unique #OperatingVC model will help ensure they have active support at every stage of the journey to translate their first mover advantage into becoming the global market leader (but this time Built in India for the World)!” he added.
“As AI applications on the cloud and on devices become more prevalent, continuous testing with AI-driven automation is essential for accelerating release cycles and improving CI/CD pipeline efficiency. LambdaTest’s comprehensive product suite is transforming software quality assurance with AI-driven autonomous testing systems. We are excited to support their journey,” said Quinn Li, Senior Vice President, Qualcomm Technologies, Inc. and Global Head of Qualcomm Ventures.
Founded in 2017 by Asad Khan, LambdaTest is an intelligent and omnichannel software quality assurance platform that enables businesses to accelerate time to market through AI-powered cloud-based test authoring, orchestration, and execution.
With 15,000+ customers including Fortune 500 and G2000 companies, LambdaTest has already established itself as a leader in the QA space.
HyperExecute, LambdaTest’s AI Native unified test execution and orchestration cloud, enables teams to run tests up to 70% faster than any cloud grid by running tests intelligently across multiple environments, enabling 2.5x faster test resolution and 60% quicker error detection. The latest platform, KaneAI, can help reduce manual efforts in test script generation, reducing it by 40-70%.
With a YoY growth of about 105%, LambdaTest has 2.3 million+ developers and testers worldwide, who rely on it to test intelligently, accelerate releases, and ship quality software with confidence and have executed more than 1.2 billion tests to date.
