Friday, November 8, 2024
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mabl: Raises $40M in Series C Funding

mabl Raises $40M in Series C Funding

  • mabl, a Boston, MA-based provider of a SaaS intelligent test automation platform for quality engineering, raised $40m in Series C funding
  • The round was led by Vista Equity Partners with participation from existing investors including Amplify Partners, GV, Presidio Ventures, and CRV
  • In conjunction with the funding, Shivan Patel, Senior Vice President at Vista, will join mabl’s Board of Directors
  • The company intends to use the funds to expand operations, hiring across all departments and its business reach, broadening its sales and marketing reach around the globe
  • The company provides a low-code test automation solution that enables software teams to reduce the effort to create, run, and manage end-to-end user interface
  • Users includ organizations among global leaders in eCommerce, Technology, Finance, Travel, and more in over 50 countries

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