Estonian startup Testlio receives USD6.25 million investment


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The Estonian customer-focused mobile app testing startup, Testlio, has closed USD6.25 million in series A funding, led by Silicon Valley-based Altos Ventures and Vertex Ventures.

Testlio is a global testing service provider that helps development teams enhance their quality assurance function. The company enables its customers to focus on their development capabilities by taking ownership of the test plan management and execution processes.

According to a statement, the startup grew 500% in 2015 and will invest the new funding to build out infrastructure in San Francisco and Tallinn, Estonia, to support its global customers.

Testlio III

“Testlio has demonstrated [its] ability to deliver a high quality experience and expand [its] relationship with key customers representing some of the best brands in the world,” Anthony Lee, the managing director at Altos Ventures, said. “We want to help Testlio continue to grow and evolve as a company so they can stay focused on momentum without sacrificing quality.”

Testlio, founded by Kristel Viidik and Marko Kruustük in 2012, focuses on the quality versus quantity approach to QA software testing. Testlio’s global community of QA engineers and robust test management platform delivers consistency, transparency and speed. The company has offices in San Francisco and Estonia.

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Read our feature with Testlio: The Estonian startup that is making testing sexy

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