SmartBear

Tools for web and API testing

Somerville, Massachusetts, United States

About SmartBear

SmartBear provides a suite of tools for web and API testing, performance monitoring, and test management aimed at improving the quality and performance of software applications. Their products help developers and testers ensure that applications are reliable, secure, and perform well. These tools support various testing types, including functional and performance testing, and are designed to integrate with popular development environments like Jira and CI/CD pipelines. SmartBear differentiates itself by offering a comprehensive range of solutions that cater to modern development practices such as Agile and DevOps, making it easier for teams to deliver high-quality software efficiently. The company's goal is to be a trusted partner in the software development community, helping over 6 million users and 22,000 companies worldwide achieve their software quality objectives.

Somerville, MassachusettsHeadquarters
2003Year Founded
$21.5MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
501-1,000Employees

Benefits

Flexible Work Hours
Paid Vacation
Professional Development Budget

Risks

Increased competition from AI-driven testing tools like Testim and Mabl.
Integration challenges from the QMetry acquisition could disrupt services.
Strategic shifts under new CEO Dan Faulkner may unsettle customer relationships.

Differentiation

SmartBear offers a comprehensive suite of tools for web and API testing.
The company integrates seamlessly with popular development environments like Jira and CI/CD pipelines.
SmartBear supports modern practices like Agile and DevOps for efficient software delivery.

Upsides

SmartBear's acquisition of QMetry enhances its AI and test management solutions.
The company is recognized as a leader in API management by Gartner in 2024.
SmartBear's tools are trusted by over 22,000 companies in 194 countries.

Funding

Total raised$21.50 M
StageGROWTH_EQUITY_VC
GROWTH EQUITY VC
2/29/2020
$22