Sauce Labs
Sauce Labs, founded in 2009 by former Google engineers around the open-source Selenium framework, provides cloud-based automated testing for web and mobile applications. In a 2017 interview, CEO Charles Ramsey said the company serves over 3,500 customers, with about 500 on annual contracts averaging around $50,000, and the host estimated annual revenue at over $30 million, which Ramsey confirmed. The company raised a $70 million round in November, valued at roughly $150 million post-money, and used the funds to acquire Berlin-based TestObject to strengthen its mobile testing capabilities.
SaaSproduct-led-growthsubscriptionvia Nathan Latka Podcast