Synthesized, a London- and New York-based startup that uses artificial intelligence to automate software testing, has raised $20 million in new venture capital funding, as demand for quality assurance tools surges across the tech industry.
The Series A funding round was led by Redalpine Venture Partners, with participation from IQ Capital, Mercia Ventures, UBS and Seedcamp. Deutsche Bank, which previously invested in the company and is also a customer of Synthesized, invested in the new funding round as well.
The company did not disclose its valuation following the funding round.
