India: Smart Software buys mobile testing platform pCloudy, raises $1m pre-Series A

US-based Smart Software Testing Solutions Inc., an automated product testing solutions startup, on Tuesday said it had acquired technology solutions of cloud-based smart mobile testing platform pCloudy.com in a bid to create intelligent testing platforms for apps in the mobile and Internet of Things (IoT) space.

pCloudy which was founded in 2012, offers a plug and play app testing platform catering to mobile businesses, e-commerce companies and large enterprises. As part of the acquisition, few of the employees of the company will be absorbed by Smart Software.

The value of the deal was not specified.

By providing an analytics driven platform for manual and automated testing of apps on hundreds of real devices, pCloudy is addressing one of the biggest pain areas—device fragmentation—faced by mobile startups and big players alike, the company said in a statement.

pCloudy and another solution offered by the company, OpKey, focus on streamlining and improving the software development lifecycle by employing manual and automated testing. While OpKey provides the automation capability of web and mobile apps, pCloudy targets the full testing lifecycle of mobile application software space.

Smart Software was founded in 2015 by by Pankaj Goel, Lalit Jain and Avinash Tiwari who worked as software testing experts at companies such as Oracle, Adobe, HCL Technologies and Wipro. In line with this acquisition, the company also announced a $1 million pre-Series A round of fund raising from Your Nest Angel Fund.

Besides the acquisition, the money will be used for overall product expansion.

“We see enormous growth potential in the app testing space of the mobile ecosystem that is driven by the spurt of smart phone usage, across the world. pCloudy is an intelligent platform that aims to empower the mobile app development and test teams with automated testing on cloud, saving time and cost significantly,” said Girish Shivani, co-founder, Your Nest Angel Fund.

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India: Smart Software buys mobile testing platform pCloudy, raises $1m pre-Series A

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This story was first published on Livemint

 

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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.