SeaLights Technologies
Latest round
- Series B
Last raised
- Oct 2021
Total raised
- $30M
Investors
- 8
About SeaLights Technologies
SeaLights Technologies Ltd.Founded in 2015 and headquartered in Dallas, US, SeaLights Technologies Ltd. focuses on providing advanced software quality assurance tools. The company underwent a significant change in ownership in July 2024 when it was acquired by Tricentis GmbH for USD 150 mn. The firm has successfully completed a total of 4 deals.SeaLights offers a suite of software quality intelligence solutions designed to optimize testing processes and enhance software quality assurance across various industries. Their core offerings focus on automating the testing lifecycle, enabling organizations to identify untested code changes and execute only the relevant tests across multiple stages, including unit, integration, and end-to-end testing. SeaLights integrates seamlessly with tools commonly used by engineering and QA teams, providing visual representations of code coverage for user stories, which allows for a granular view of testing gaps. This solution is particularly valuable for enterprises in industries such as financial services, healthcare, and telecommunications, looking to accelerate software release cycles while minimizing defects.SeaLights generates revenue primarily through a subscription-based model for its software solutions, which may include tiered pricing plans based on the size of the organization and the specific features utilized. Clients typically enter into agreements that provide access to the software, coupled with support and consulting services tailored to their specific testing needs. The company’s flagship product, SeaLights, involves transactions structured around annual or multi-year subscriptions, enabling businesses to maintain continuous access to the latest testing capabilities and performance analytics.The acquisition by Tricentis GmbH is expected to broaden SeaLights Technologies' business reach and impact. The integration will allow for the development of new products that will enhance the existing suite of software quality solutions. Specific plans for market expansion include targeting additional regions in Europe and Asia-Pacific by the end of 2025, leveraging the resources and expertise of Tricentis.
Who invested in SeaLights Technologies
8 investors across 1 round
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Funding rounds
Series B
Oct 19, 2021
Amount
$30M
Investors
Questions about SeaLights Technologies
Who invested in SeaLights Technologies?
SeaLights Technologies has 8 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SeaLights Technologies raised?
SeaLights Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did SeaLights Technologies last raise money?
SeaLights Technologies's most recent round on record is a Series B, in Oct 2021.
What does SeaLights Technologies do?
SeaLights Technologies is a software company.
Where is SeaLights Technologies headquartered?
SeaLights Technologies is headquartered in Dallas, US.
Which VCs invest in companies like SeaLights Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at SeaLights Technologies's stage. Their profiles are linked below.
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