India: Test automation SaaS startup EureQa raises $600,000 from SRI Capital, Gabriel Investments

EureQa, a test automation software-as-a-service (SaaS) startup, on Thursday said it has raised a seed round of $600,000 in funding from serial entrepreneur Sashi Reddi and Gabriel Investments, a Philadelphia based venture fund.

A test automation SaaS is software testing service available on demand.

As a part of the funding, Sashi Reddi, managing partner at SRI Capital, will join EureQa’s board.

EureQa was founded in 2012 as a division of Tripod Technologies by Badri Nittoor and Bari Chittamuri.

The company provides an easy to use test automation platform that meets the demands of enterprise application developers catering to mobile, social, and cloud based applications.

The platform is built on top of various open source components like Selenium Web Driver that greatly improve on the old generation test automation products that have been in use for over 20 years.

The software is delivered as a subscription service and can enable users to automate their software testing without writing code.

“EureQa offers a compelling value proposition to enterprise application teams to do test automation without being bogged down by having to write code. For a small fee per month, companies can get going in just a few days,” said Sashi Reddi, managing partner at SRI Capital and investment partner at Gabriel Investments.

This article was first published on Livemint.com

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.