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Venture Capital News: Appvance Secures $13M Series C Round

SANTA CLARA, CA, Appvance announces today that it has secured $13 million in Series C funding.
Appvance, the inventor, first to market and industry leader of AI-driven software testing technology, announces today that it has secured $13 million in Series C funding to accelerate global expansion and product roadmap development. This round is led by US growth equity firm Arrowroot Capital with participation from existing investors including Javelin Venture Partners and TRI HoldCo.

Appvance is the inventor of AI-driven autonomous testing technology and is leading the charge to revolutionize software development lifecycle. The company's premier product is Appvance IQ™(AIQ), the world's first Level 5 unified test automation system. AIQ helps enterprises improve the quality, performance and security of their applications, while transforming the efficiency and output of testing teams. Appvance is headquartered in Santa Clara, CA, with additional offices in Costa Rica and India.
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