Tricentis

Tricentis GmbH, founded in 1997 and headquartered in Vienna, Austria, specializes in enterprise software test automation solutions designed to enhance software delivery and quality for global companies. Its offerings include agile test management, Jira test management, visual reporting and analytics, API testing, service virtualization, and risk-based testing. Tricentis is renowned for its model-based automation system, which facilitates efficient testing in agile and DevOps environments, thereby accelerating digital transformation and improving software quality. The company also provides specialized tools like Tricentis LiveCompare, an SAP test tool for AI-powered impact analysis, and analytics solutions for managing testing activities. With a presence in multiple countries, including Germany, the United States, and Australia, Tricentis serves a diverse clientele, helping businesses streamline their testing processes and achieve faster software release cycles. The company maintains a strategic partnership with SAP SE and offers consulting, training, and support services to its customers.

Oliver Allabauer

Vice President of Support

10 past transactions

Waldo

Acquisition in 2023
Waldo is a developer of mobile application testing software designed to simplify the testing process for iOS and Android applications. The company's platform allows mobile application teams to create, test, and visualize user flows in a single tool, facilitating the delivery of a consistent and high-quality user experience. By recording tests and replaying them against new application versions, Waldo helps developers identify and resolve issues efficiently, ultimately enabling faster product releases with fewer bugs. Headquartered in Brooklyn, New York, Waldo also has a development office in Paris, France.

Tx3 Services

Acquisition in 2022
Tx3 provides automated quality and compliance SaaS solutions for software testing within Life Science companies. These solutions enable Life Science customers to accelerate the adoption of agile methodologies as well as meet regulatory requirements such as 21 CFR Part 11 in a more efficient and cost-effective manner.

TESTIM

Acquisition in 2022
Testim is a developer of a testing automation platform that simplifies the process of application testing within agile development cycles. The platform leverages machine learning to facilitate the authoring, execution, and maintenance of automated tests. By analyzing various attributes in real time, it allows developers to identify and manage test elements effectively. This approach reduces the need for continuous test maintenance following code changes, empowering developers to take ownership of code quality and making quality assurance an organization-wide initiative. With Testim, both developers and testers can enhance their automation skills, leading to improved efficiency in the testing process.

DeepFactor

Series A in 2021
DeepFactor is a cloud-native application security platform that helps developers identify and address security vulnerabilities, supply chain risks, and compliance issues during the software development process. The platform offers integrated features such as artifact scanning and runtime visibility, allowing for thorough analysis without requiring code changes. Its runtime observability technology integrates seamlessly into cloud-native architectures, enabling the detection of anomalies and providing developers with a prioritized list of contextual security risks. Additionally, DeepFactor enhances operations and reporting, facilitating remediation and embedding application security into the CI/CD pipeline, thereby promoting the adoption of DevSecOps practices within modern enterprises. Through its subscription-based model, the platform delivers security, performance, and behavior insights, supporting engineering teams in building secure applications efficiently.

Neotys

Acquisition in 2021
Neotys, a developer based in France, specializes in performance testing solutions with its flagship product, NeoLoad. With nearly 15 years of focused development, NeoLoad is designed to enhance Agile and DevOps processes by enabling continuous load and performance testing for web and mobile applications. This platform allows users to monitor the quality and speed of their applications effectively, significantly improving test creation and maintenance efficiency—up to ten times faster. Neotys aims to empower performance engineers to become essential partners in application performance, ensuring comprehensive testing coverage while aligning with the Continuous Delivery process. Their commitment lies in continuously delivering an optimized performance testing platform that meets the evolving needs of development teams.

Cerna Solutions

Acquisition in 2020
Cerna Solutions specializes in IT consulting services, focusing on process management and technology solutions. As a trusted Elite ServiceNow partner, the company aims to enhance how organizations utilize the ServiceNow platform while safeguarding their investments in the technology. Cerna Solutions assists clients in automating business processes through innovative technology, helping align these processes with activities that generate revenue and add value to their organizations.

TestProject

Acquisition in 2019
TestProject is a cloud-based test automation platform located in Petah-Tikva, Israel. The company offers a community-powered and open-source platform designed to facilitate the development and enhancement of web, desktop, and mobile applications. Its tools enable the automation of testing processes for web, Android, and iOS applications across various operating systems. TestProject provides valuable features such as analysis, failure reports, and collaborative testing repositories, which streamline the deployment and execution of applications. This approach helps developers improve the quality and reliability of their software products efficiently.

QASymphony

Acquisition in 2019
QASymphony is a leading agile software company that provides enterprise test case management and exploratory testing solutions for development and QA teams. QASymphony's qTest Platform helps companies create better software by improving speed, efficiency, collaboration and analysis during the testing process. The company has over 400 customers across 20 countries including Salesforce, Barclays, Adobe, Samsung, Verizon and Office Depot. QASymphony was recently selected by Gartner as a "Cool Vendor in Application Development" and by Red Herring as a "Global Top 100 Winner". The company is headquartered in Atlanta, GA. Background and History: QASymphony was founded in June 2011. QASymphony was co-founded by Vu Lam, CEO and Josh Lieberman. The company has it’s headquarters in Atlanta, GA, with additional offices in Dublin, CA and Ho Chi Minh City, Vietnam.

Flood IO

Acquisition in 2017
Flood is a load testing platform that specializes in providing globally-distributed performance tests using popular open source tools such as JMeter, Gatling, and Selenium. The platform is designed to assist DevOps teams in maximizing their testing strategies by offering real-time feedback and identifying issues during performance evaluations. By enabling users to assess how applications perform and scale under significant loads from various locations worldwide, Flood enhances the efficiency and effectiveness of application testing processes.
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