Welcome!

News Feed Item

Applitools Raises $31M to Advance Application Visual Management (AVM) Category

Digital Transformation drives rapid market expansion of Visual AI from automated UI testing and monitoring to holistic support of all visual aspects of software applications

SAN MATEO, Calif., April 17, 2018 /PRNewswire/ -- Applitools (https://applitools.com), the leader in Application Visual Management, today announced it has raised $31 million in Series C funding led by OpenView, the expansion stage venture firm, with participation from its existing investors Sierra Ventures, Magma Venture Partners, iAngels, and La Maison. Applitools will use this investment to fuel market expansion of its Artificial Intelligence (AI) Powered Visual Testing and Monitoring solution by scaling its R&D, Operations, and Sales. With tens of thousands of users across more than 300 companies, Applitools Eyes recently crossed a total of 100 million visual comparisons and one billion component level validations. Since it was founded in 2013, Applitools has raised more than $46 million.

Applitools is on a mission to help test automation, DevOps and development teams to release and monitor flawless mobile, web, and native apps in a fully automated way that enables Continuous Integration and Continuous Deployment. Founded in 2013, the company uses sophisticated AI-powered image processing technology to ensure that an application appears correctly and functions properly on all mobile devices, browsers, operating systems and screen sizes. For more information, visit applitools.com. (PRNewsfoto/Applitools)

Read more about the next phase of Applitools' company journey at: (https://applitools.com/the-next-phase-of-the-applitools-journey).

"Our mission is to help customers automate all visual aspects of application delivery, and address the growing importance of providing exceptional digital experiences across any device, browser, operating system, and language," said Gil Sever, CEO of Applitools. "We are excited to partner with OpenView to scale our enterprise-grade platform to support digital transformation with the velocity and quality that businesses demand."

Applitools developed the first and only Visual AI Engine that mimics the human eye and brain in a reliable and scalable fashion. Applitools Eyes (https://applitools.com/features), the company's Automated Visual AI Testing and Monitoring Platform, leverages the largest data set of UI validations in the world and achieves 99.999 percent accuracy, i.e. less than 10 false detections in a million comparisons. The company's AI engine continues to evolve through machine learning by analyzing millions of new images on a daily basis.

Applitools' Automated Visual AI Testing and Monitoring Platform v10 is available now. To learn more and open a free trial account, visit: (https://applitools.com/users/register).

"If there's a single commonality of the fastest growing companies it's that they understand their brand is the sum of every experience a customer has with you," said Bill Macaitis, former CMO at Slack, Zendesk and SVP Marketing at Salesforce. "The need to deliver delightful, incredible digital experiences to millions of customers, 24/7, on a breadth of devices, browsers, and operating systems can be daunting. Applitools makes it easy via their Application Visual Management (AVM) approach, which enables automated validation of every aspect of the visual user experience. Applitools is a game changer."

"OpenView is thrilled to partner with the Applitools team as they solve for one of the few remaining bottlenecks in the continuous delivery process – visual testing," said Jim Baum, Venture Partner at OpenView who joins the Applitools board. "For modern enterprises, a web or mobile application is the face of their brand and Applitools provides a crucial protective layer." Jim will bring world class operational experience to Applitools' Board of Directors, as he was CEO of Netezza and took the company public and later drove its acquisition by IBM in 2010 for nearly $2B.

To help guide Test Automation Engineers, DevOps Teams, Front End Developers, Manual QA experts, and Digital Transformation executives, Applitools created Application Visual Management - a new category framework that simplifies and automates all visual aspects of application creation, testing, delivery and monitoring. The goal is to help shorten application delivery cycles and improve software quality because what the customer sees is what matters most. By helping prevent visual flaws from occurring in the application delivery process, teams can avoid the issues that frequently result from events such as browser and operating system updates, new devices penetrating the marketplace, and the effects of dynamic content on the web.

Today's DevOps toolchain only supports the functional aspects of modern application delivery in areas like testing, monitoring, Continuous Integration (CI), Continuous Delivery (CD), accessibility, security, bug tracking, collaboration, source control, and more. AVM applies Visual AI technology to add automated visual validation of all the visual aspects of application delivery to the DevOps toolchain, allowing acceleration and full automation of the entire delivery process. Fortune 100 companies have already realized significant benefits through the use of Visual AI technology and those benefits can now be offered to any Enterprise or SMB. This round of funding will be used to expand the offering with new capabilities and to target users across the entire software development, delivery, and monitoring toolchain.

To learn more about AVM, download the Application Visual Management whitepaper for free at: (http://go.applitools.com/AVM-Category-Whitepaper.html).

About Applitools
Applitools is on a mission to help Test Automation Engineers, DevOps Teams, Frontend Developers, and Digital Transformation Executives release, test and monitor flawless mobile, web, and native apps in a fully automated way that enables Continuous Integration and Continuous Delivery (CI-CD). Founded in 2013, Applitools uses sophisticated AI powered image processing technology to ensure that an application appears correctly and functions properly on all mobile devices, browsers, operating systems and screen sizes. Applitools has more than 300 customers from a range of verticals, including Fortune 100 companies in software, banking, online retail, insurance, pharmaceuticals, and more. Applitools is headquartered in San Mateo, California, with an R&D center in Tel Aviv, Israel. For more information, please visit applitools.com.

About OpenView
OpenView, the expansion stage venture firm, helps build software companies into market leaders. Through its Expansion Platform, OpenView helps companies hire the best talent, acquire and retain the right customers and partner with industry leaders so they can dominate their markets. Their focus on the expansion stage makes OpenView uniquely suited to provide truly tailored operational support to its portfolio companies. Learn more about OpenView at openviewpartners.com.

Applitools Media Contact:
Jeremy Douglas
Catapult PR-IR
303-581-7760, ext. 16
[email protected]

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/applitools-raises-31m-to-advance-application-visual-management-avm-category-300631014.html

SOURCE Applitools

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
"We work around really protecting the confidentiality of information, and by doing so we've developed implementations of encryption through a patented process that is known as superencipherment," explained Richard Blech, CEO of Secure Channels Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU's GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes. In...
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessio...
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Announcing Poland #DigitalTransformation Pavilion
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
CloudEXPO | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.