TechCrunch Reports: Kobiton Raises $14M, Acquires Competitor Mobile Labs

TechCrunch recently covered the fundraising news on Kobiton, a BIP Capital portfolio company, noting:

Atlanta-based Kobiton, a mobile testing platform that allows developers and QA teams to test their apps on real devices, both on their own desks and through the company’s cloud-based service, today announced that it has acquired Mobile Labs, another Atlanta-based mobile testing service.

To finance the acquisition of its well-funded competitor, Kobiton  raised a $14 million extension to its $5.2 million Series A from its existing investor BIP Capital and new investor Fulcrum Equity Partners.

To continue reading, visit TechCrunch.

Back to All News