Increasing demand from enterprise organizations leads to formation of a new
Innovation Advisory Board
ATLANTA, 2018-01-08 15:00 CET (GLOBE NEWSWIRE) --
QASymphony, a leader in enterprise software testing, completed a record 2017,
with annual revenue growth of 113 percent. Other highlights include:
-- Grew customer base by 33 percent, including numerous Global 2000 customers
-- Opened a London office to support growing international demand
-- Raised $40 million in a Series C round of funding led by New York's Insight
Venture Partners
-- Announced plans to "invest and expand" over the next three years while a
primary competitor, Micro Focus (formerly known as HP Quality Center),
announced plans to "rationalize and stabilize" its portfolio
-- Named the 8th fastest-growing private software company in America on the
Inc. 5000 2017 list
-- Created an external Innovation Advisory Board to support rapid product
innovation in 2018 and beyond
"Exceptional market demand from global enterprises led us to significantly
exceed our growth goals in 2017," said QASymphony CEO Dave Keil. "An increasing
number of large organizations have adopted our qTest platform as a modern,
enterprise-grade alternative to dated legacy solutions that no longer met their
needs. These organizations face increasing pressure to deliver higher quality
software faster, and our platform is uniquely capable of serving the needs of
agile, DevOps and BDD teams. To further strengthen our competitive advantage,
we have formed an Innovation Advisory Board composed of experienced enterprise
technology leaders, who will work closely with our team to ensure our long-term
product leadership."
Inaugural members of the QASymphony Innovation Advisory Board include Zubin
Irani, CEO and Founder of cPrime, a market-leading Atlassian partner; Hartley
Caldwell, Head of Debit and STAR Technology at First Data Corporation; Israeli
Ben-Ashai, former telecom and software tech leader; and Todd Joseph, Interim
CTO for Insight Venture Partners portfolio companies and former Microsoft
technology executive.
"I have had the pleasure to work closely with QASymphony for three years and
have seen first-hand how they have become the market-leading provider of
enterprise testing solutions," said Zubin Irani, CEO and Founder, cPrime. "Not
only are their products best-in-class, but their team is one of the best I have
ever worked with. I'm honored to be part the Innovation Advisory Board and to
contribute to the next phase of QASymphony's growth."
About QASymphony
QASymphony accelerates digital transformation with software testing solutions
that help enterprises prioritize quality, develop reliable software and
increase speed to market. The qTest platform streamlines software testing in
agile and DevOps environments and centralizes testing efforts across the
enterprise. By taking a strategic approach to quality, QASymphony enables
enterprises to develop higher-quality software, faster, to better support new
business models and customer experiences.
The qTest platform streamlines development workflows by seamlessly integrating
testing with leading automation, development and delivery tools including
Atlassian's Jira, CA Agile Central, Github, Selenium, Cucumber, Jenkins and
many more. QASymphony is trusted by leading enterprises including Salesforce,
Barclays, Cisco, Samsung, Verizon and Office Depot.
Media Contact:
Kira Mondrus, CMO
QASymphony
(844) 798-4386
Kiramondrus@qasymphony.com© 2018 GlobeNewswire
