Cloud-based testing platform LambdaTest gets $38 mn in Avataar- led funding

Cloud-based testing platform LambdaTest announced that it has secured a $38 million funding round led by Avataar Ventures, with participation from Qualcomm Ventures, bringing the total funding to $108 million.

With this funding, LambdaTest plans 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.