AI software testing platform Autify receives US$2.5M seed round
Autify, the AI-powered software testing automation platform, announces that it has received a total financing capital of US$2.5 million in a seed round from Global Brain Corporation, Salesforce Ventures, which is the Investment Division of U.S. company Salesforce.com, Inc., Archetype Ventures Inc., and other individual investors. Autify noted that this financing adds up the total capital to US$3.07 million.
The company plans to use the seed funding to reinforce product development and sales systems, as well as to explore the international market.
Founded since 2016, Autify was just being established 10 months ago in February 2019, followed by the launch of its closed beta version in March. Autify prided itself as the first Japanese team backed by Alchemist Accelerator, the top B2B startup accelerator in the US.
With the positive response that it has received without marketing effort, Autify has undergone further functional improvements to be officially launched in October 2019.
Autify aims to find solutions for the labour shortage in the software development field. It seeks to help people concentrate on creative work by automating mundane tasks.
As many as 92 per cent of the software businesses worldwide are already using agile development with 71 per cent of those have product releases at least once a week. However, in this high rate of a cycle, the software testing operations (QA) are often still done manually, depends on the availability of people.
It creates a product release bottleneck because it simply takes too long to complete. Automation of software testing is more critical now with corporations promoting agile development.
Software companies are facing the following two major problems in the automation of testing:
1. A shortage of engineers capable of automating their testing scenarios. Today, when very few skilled engineers are available for product development, it is difficult to allocate some of them to the automation of testing.
2. The high maintenance cost of the automation code. All automation code becomes outdated very quickly in an agile environment, where there are rapid changes in UI and specifications, and requires continuous maintenance.
Autify allows anyone, even for non-engineers, to automate the testing of web applications without writing program codes on any browser. The use of AI to monitor the changes in the application codes allows the testing scenarios to be repaired automatically, thus greatly reducing the maintenance costs.
So far, Autify provides integrations to external services such as Slack (a business communication tool), Circle CI (a continuous integration tool that automates the development), and TestRail (a test case management tool), and plans to integrate with more services.