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New Deal


Announced

Completed

BOND led a $200m Series B funding round in BrowserStack.

Financials

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Transaction Value£141m
Consideration TypeCash
Capital Owned-
Capital Bid For5%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Private

Friendly

software platform

Minority

Domestic

United States

software testing firm

Acquisition

Private Equity

Venture Capital

Completed

Synopsis

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BOND, a venture capital firm, led a $200m Series B funding round in BrowserStack, a developer of a software testing platform intended to power software tests every day across various global data centers. Additional investors include two private equity firms Insight Partners and Accel. "We are going to double-down on solving new developer problems in the space of DevOps testing. Our recent acquisition of Percy, a visual testing platform, was just the start. We will accelerate the rate at which we take new products to market through acquisitions and investment in our Product and Engineering teams. We want to achieve our vision of becoming the testing infrastructure for the internet," Ritesh Arora, BrowserStack Co-Founder, and CEO.

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