BrowserStack Series-B

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BrowserStack Pitch Deck to Raise $200m Series-B Round

This is the BrowserStack pitch deck to raise a $200m series-b round in 2021.

About

BrowserStack is a software testing platform powering over two million tests every day across 15 global data centers. It helps Microsoft, Twitter, Barclays, Expedia, and over 25,000 customers deliver quality software at speed by moving testing to their Cloud. Its platform provides instant access to 2,000+ real mobile devices and browsers on a highly reliable cloud infrastructure that effortlessly scales as testing needs grow. With BrowserStack, Dev and QA teams can move fast while delivering an amazing experience for every customer.

Founded in 2011, BrowserStack is a privately held company backed by Accel with offices in San Francisco, Mumbai, and Dublin.

Startup BrowserStack just raised fresh funding for its goal to make it faster and easier for developers to test their code through the cloud.

The firm announced a $200 million SeriesB round that values it at $4 billion, led by SF-based venture firm BOND with participation from Insight Partners and Accel.

BrowserStack said “over half of Fortune 500 companies” including Google, Amazon, and Microsoft use its platform to test their code using a simple web app rather than managing their own in-house infrastructure.

Cofounders Ritesh Arora and Nakul Aggarwal came up with the idea while solving a problem for another business they were working on together.

“Nakul and I have been working together for 20 years since college. We were geeks,” Arora told Insider via email. “The idea for BrowserStack came to us when we had built a website for our startup. It took us a couple of days to build the site, but we struggled to test in one of the most popular browsers at the time, Internet Explorer (IE). We did some research and realized that developers around the world faced the same problems.”

They realized that the solution they came up with could be their own product and company.

Developers can use BrowserStack’s platform to test their code on “over 2,000” various operating systems, browsers, or mobile devices to make sure it works everywhere. It essentially eliminates the need for companies to own, maintain, and scale in-house testing infrastructure.

The company plans to use the new funding to grow both the firm’s technology infrastructure and its employee base: It wants to double its headcount from 800 to 1,600 over the next 18 months.

“Our aspiration is to become a $1 billion annual revenue company by 2025,” Arora said. “We want to become the de facto test infrastructure for developers around the world.”

Funding Rounds

Announced Date Transaction Name Number of Investors Money Raised Lead Investors
Jun 16, 2021 Series B – BrowserStack 3 $200M Bond
Jan 30, 2018 Series A – BrowserStack 1 $50M Accel

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