What is Sauce Labs?
Sauce Labs provides the world's largest cloud-based platform for the automated testing of web and mobile applications. Optimized for Continuous Integration (CI) and Continuous Delivery (CD), Sauce eliminates the time and expense of maintaining an in-house testing infrastructure, enabling development teams to innovate and release software faster. Users can execute tests written in any language or framework using Selenium or Appium, leveraging videos, screenshots, and HTML logs for rapid issue identification. Sauce Connect further allows for secure testing of applications behind firewalls, solidifying its role as a critical tool for modern software development lifecycles.
How much funding has Sauce Labs raised?
Sauce Labs has raised a total of $147.7M across 7 funding rounds:
Series A
$3.1M
Series B
$3M
Series C
$5M
Series D
$15M
Private Equity
$70.6M
Private Equity
$50M
Debt
$1M
Series A (2009): $3.1M with participation from The Contrarian Group
Series B (2012): $3M led by Triage Ventures and Salesforce
Series C (2013): $5M supported by Triage Ventures and Toba Capital
Series D (2015): $15M featuring Toba Capital
Private Equity (2016): $70.6M backed by Institutional Venture Partners, Centerview Capital Technology, and Adams Street Partners
Private Equity (2019): $50M with participation from Riverwood Capital
Debt (2020): $1M led by PPP
Key Investors in Sauce Labs
Institutional Venture Partners
IVP (Institutional Venture Partners) is a Menlo Park-based later-stage venture capital firm that raises large growth funds and invests in high-growth technology companies, primarily at Series B and beyond across consumer, enterprise, and fintech.
Riverwood Capital
Riverwood Capital is a private equity firm that invests in high-growth, middle-market companies primarily in global technology and technology-enabled industries where the use of software, information and digital technologies can contribute to value creation.
Salesforce
Salesforce is a global leader in customer relationship management (CRM) software, providing a comprehensive suite of cloud-based solutions for sales, service, marketing, and e-commerce.
What's next for Sauce Labs?
With substantial enterprise-level backing, Sauce Labs is strategically positioned for accelerated growth and market expansion. The company's focus on enhancing its cloud-based testing infrastructure and expanding its CI/CD optimization capabilities is likely to be a key priority. Further investment in R&D to support emerging testing frameworks and technologies, alongside potential strategic partnerships or acquisitions, could also be on the horizon. This sustained capital commitment signals a strong intent to maintain leadership in the automated testing solutions space and to further empower development teams globally.
See full Sauce Labs company page
