Mobile QA Platform Testin Secures $30 Million Series C Round
BEIJING, Aug. 31, 2016 /PRNewswire/ -- Testin, one of China's fastest growing startups, announced $30 million in Series C funding. This brings the total amount Testin has raised to $84.9 million. This latest round of investment further demonstrates investors' belief in Testin as a leader in the mobile app industry and its status in the developer services market.
Testin plans on using this latest round to accelerate growth for:
- International development – The U.S lab now serves as the hub for Asian apps going international; Encouraging Chinese developers to increase their users abroad, and overseas developers enter the Chinese market with guidance.
- Expanding product portfolio - Testin plans to devote more of its resources on developing its one-stop-shop platform for all mobile Internet entrepreneurs, strategic-minded enterprises, and developers.
- Solidify Chinese market presence – Testin has been able to stay one step ahead of the market with its mature, yet ever evolving method of QA testing and management style, establishing a solid community in the Chinese market.
"While our core services are testing-focused, Testin's long term plan is creating an end to end eco system in the mobile internet industry, from investments to marketing to testing," said Xu Kun, President and Co-founder of Testin. "Testin has become the industry standard for mobile QA testing in China. Because of the generous support of our investor partners, this round will help us accomplish our goals that much quicker, and help developers build even better products for the future."
Testin launched its international expansion last year, building a U.S. device lab and support team in Silicon Valley. This development comes from the demand of current clients who need further support on a global scale.
With its 5th anniversary recently passing, Testin has pioneered mobile QA in China. Today, Testin has served more than 700,000 developers around the globe who have used Testin's solutions for testing, marketing and consulting.
"We're very happy to support Testin," comments Justin Niu, Partner at IDG Capital. "When we first noticed Testin, we saw their potential and knew right away we had to invest. It's been a great ride so far, and we're looking forward to its continued growth for the mobile internet industry."
About Testin
Since Testin was founded in 2011, it has become one of the fastest growing startups in China. Intensified from the rapid growth of mobile applications in China, it quickly solidified itself as a market leader for mobile QA. Testin aims to disrupt the mobile internet industry by providing an end-to-end ecosystem of services that will support developers in building the products of the future.
Testin has served more than 700,000 developers and performed over 140 million tests on more than 1.8 million applications. Since its establishment, Testin has built and maintained significant relationships with several world-renowned companies such as ARM, Intel, Google, IBM, Microsoft, Alibaba, Baidu, Tencent, 360 and Xiaomi.
Testin has also received the Distinguished Award for the Top 50 Most Valued Enterprises for Investment in 2014 and 2015, as well as the 2014 Red Herring Asia's Top 100 Award and the 2015 Red Herring Global Top 100 Company Award.
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SOURCE Testin
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