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Venture Capital News: Appvance Closes $1.05M Funding Round

SAN JOSE, CA, Leader in mobile/social app performance validation, announced it has closed its first ever outside round of financing.
Appvance, Inc., a leader in mobile/social app performance validation, announced it has closed its first ever outside round of financing. The $1.05M round was led by Staenberg Ventures, Social Internet Fund and FundersClub.

"The company has been expanding the depth and breadth of our offerings to the enterprise," said Kevin Surace, Appvance CEO. "Unlike free testing tools out there, we are wholly dedicated to meeting the needs of large customers. The rapid adoption of our platform in Fortune 1000 accounts is a testament to our dedication to the needs of developers, IT, and brand managers. This first-ever investment will help us grow our features and support further to meet their needs on a going forward basis."

In addition to validating Web, Mobile Web, HTML5, Ajax and RIA apps, Appvance Enterprise builds and runs test suites in a 100% graphical environment for SOAP and REST services for up to millions of concurrent requests. Customers by themselves, or alongside Appvance experts, may develop single tests and re-use them for functional, performance, and production monitoring. The company's deep expertise in complex performance bottlenecks makes Appvance Enterprise the platform of choice for companies whose brand depends on user engagement through modern apps.

Appvance is the leader in proof of performance for mobile and social media apps for large enterprises. Using Appvance software and services, developers, IT managers and brand executives can be confident their apps will perform even under the stress of large events and campaigns. Appvance Enterprise with its deep technology roots finds app problems other platforms don't. The company was founded in 2012 as PushToTest Inc. and acquired the assets of the 10-year-old TestMaker open-source project. PushToTest became Appvance in March 2013. Headquartered in San Jose, CA, Appvance is a venture-backed company led by a team of experienced technology executives from Microsoft, Oracle, Cisco and Sun. Learn more at
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