# SOASTA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/soasta

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.soasta.com
- Total disclosed funding: $73M
- Latest round: Series F (Aug 3, 2015)
- Investors on record: 7

## About

SOASTA Inc. provides performance testing and monitoring solutions that empower businesses to ensure optimal user experiences across web and mobile applications, utilizing cloud technology to simulate real-world user behavior.SOASTA Inc. specializes in performance testing and monitoring for web and mobile applications. Founded in 2006, the company is headquartered in Mountain View, US. In March 2017, Akamai Technologies acquired SOASTA for an undisclosed amount. The company has successfully completed 14 deals in its history. The total amount raised by SOASTA is USD 11.28 mn, with the latest funding round being a Venture Debt of USD 2.71 mn.SOASTA Inc. offers a suite of performance testing and monitoring solutions that focus on enhancing user experience across digital platforms. Their products include load testing, real-time monitoring, and analytics tools designed to ensure application performance under various user conditions, targeting industries such as e-commerce, finance, and media. These services are essential for businesses aiming to optimize their applications and maintain high availability and performance standards.SOASTA Inc. operates under a subscription-based revenue model, generating income primarily from its suite of performance testing and monitoring services. Clients typically engage through annual contracts, ensuring a steady revenue stream. Specific offerings are tailored to meet diverse operational needs, including testing for different levels of user traffic and performance optimization, which are critical for companies focusing on customer engagement and retention.Looking ahead, SOASTA Inc. plans to enhance its product lineup with new features and capabilities aimed at improving the accuracy of performance simulations and monitoring analytics. The company is targeting expansion into European and Asian markets by 2025, aiming to establish a stronger presence in these regions. The recent acquisition by Akamai Technologies in March 2017 is expected to facilitate these growth initiatives by providing additional resources and support for developing new products.

## Funding rounds

- Series F, Aug 3, 2015, $11M — Canaan Partners, Accenture Technology Ventures
- Series E, Jul 31, 2013, $30M — Canaan Partners, Pelion Venture Partners, Formative Ventures, Macquarie Capital, Roth Capital Partners
- Series D, Nov 15, 2011, $12M — Canaan Partners, Pelion Venture Partners, Formative Ventures, The Entrepreneurs' Fund
- Series C, Nov 23, 2009, $9.6M — Canaan Partners, Pelion Venture Partners, Formative Ventures, The Entrepreneurs' Fund
- Series B, Sep 3, 2008, $6.3M — Canaan Partners, Formative Ventures, The Entrepreneurs' Fund
- Series A, Jan 22, 2007, $2M — Canaan Partners
- Series A, Mar 15, 2006, $2M — Canaan Partners

## Investors

- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series A, Series B, Series C, Series D, Series E, Series F
- Formative Ventures (https://capitalatlas.ai/funds/formative-ventures) — Series B, Series C, Series D, Series E
- The Entrepreneurs' Fund (https://capitalatlas.ai/funds/the-entrepreneurs-fund) — Series B, Series C, Series D
- Pelion Venture Partners (https://capitalatlas.ai/funds/pelion-venture-partners) — Series C, Series D, Series E
- Macquarie Capital — Series E
- Roth Capital Partners — Series E
- Accenture Technology Ventures (https://capitalatlas.ai/funds/accenture-technology-ventures) — Series F