# Agitar Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agitar-software

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.agitar.com
- Total disclosed funding: $23M
- Latest round: Series C (Jan 17, 2006)
- Investors on record: 3

## About

Agitar Software Inc. enhances Java development by providing automated unit testing solutions through its flagship product, AgitarOne. This tool helps developers maintain code quality effectively during the software development lifecycle.Agitar Software Inc. specializes in automated unit testing solutions for Java development. The company is headquartered in Mountain View, US. The CEO, Stefan Corsten, leads the firm, which has undergone a pivotal change after its acquisition by McCabe Software in June 2008. Agitar has been involved in a total of 3 deals, with the most recent deal occurring on June 30, 2008. The latest funding round was a Series C, in which the company raised USD 10.00 mn, led by Globespan Capital Partners along with New Enterprise Associates and Sequoia Capital. The total amount raised by the company stands at USD 10.00 mn.Agitar Technologies specializes in enhancing Java development through its flagship product, AgitarOne, which provides automated unit testing solutions. AgitarOne generates JUnit tests that achieve high code coverage, typically around 80% or more, ensuring maintained code quality throughout the development process. This product is particularly beneficial for Java developers seeking a streamlined method for incorporating unit tests into their coding routines. Agitar's solutions cater to software development teams and enterprises across various industries dependent on robust Java applications, serving markets in North America and Europe where agile development and quality assurance are increasingly essential.Agitar Technologies generates revenue primarily through subscription-based licensing of its AgitarOne platform. Clients enter into agreements providing access to the software, with options for support and additional tailored services. Revenue is influenced by the number of licenses purchased and the subscription duration, structured as Business-to-Business engagements where development teams procure the software to enhance productivity and code quality. The pricing structure includes tiered plans accommodating different levels of usage and support, addressing the needs of both small teams and larger enterprises.Agitar Software Inc. is currently focusing on several future growth initiatives. Following its most recent acquisition in June 2008, the firm aims to further enhance its product offerings and expand its market presence. Agitar plans to introduce new features to the AgitarOne platform to enhance its functionality for Java developers. Additionally, the company is exploring opportunities to expand its reach into new geographic markets, particularly targeting Europe and Asia by 2025. The recent funding from the Series C round will be utilized to support these growth objectives, specifically for product development and market penetration strategies.

## Funding rounds

- Series C, Jan 17, 2006, $10M — Globespan Capital Partners, New Enterprise Associates, Hong Shan
- Series B, Mar 9, 2004, $13M — New Enterprise Associates

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B, Series C
- Globespan Capital Partners (https://capitalatlas.ai/funds/globespan-capital-partners) — Series C
- Hong Shan — Series C