HELSINKI, FINLAND – May 21, 2015 – Bitbar Technologies, the provider of the most advanced cloud-based mobile development and testing service, announced today that it has closed a new funding round. The investment was led by a Nordic VC Inventure, with participation from existing investors Qualcomm Ventures, DFJ Esprit, Creathor and Avera. With this investment, Bitbar is able to reach a larger developer-driven market and solidify its presence in the US-market.
Bitbar Testing is already an essential part of the best mobile brands’ development cycles. Customers like Rovio, PayPal, Supercell, Foursquare, Soundcloud and Skype among others, are using Bitbar Testing in their agile development to build robust and high-quality apps and games at an ever-increasing pace. The investment round enables the company to serve all mobile developers globally – from indie developers to large enterprises – and provide them access to a scalable, professional level of service and technology.
“Building mobile apps is not easy. First you develop your app for ages, market it, release it, and all you get is bad reviews due to crashes on end-user devices or some other glitches. It is not fair. There are 10 million mobile developers in the world with this headache. And we feel for them. The demand for our services is huge, and delivering non-crashing apps should be possible for every developer, big or small. You can now start at $49/month and make sure your app really works,” said Marko Kaasila, CEO of Bitbar Technologies.
Tuomas Kosonen, Partner at Inventure comments: “Bitbar is one of the companies we have been following over the past years. The team has been growing rapidly, serving the best mobile apps and games. We believe that today Bitbar is ready to scale their service to 10 million mobile developers globally, as well as conquer the US market. We look forward to supporting the team on this journey.”
Bitbar provides a fully self-service model for developers who already are equipped with the necessary skills to start using cloud-based devices. For Enterprises, Bitbar provides various deployment models, private set-ups as well as in-house, including assisting in test automation implementation and full turnkey solutions.
About Bitbar Technologies
Bitbar is a technology and service company with a focus on providing high-performance mobile software development and testing solutions for mobile app and game developers. The company’s flagship product Bitbar Testing has been used to make many of the most popular mobile apps and games reliable, highly optimized and compatible across the Android and iOS device ecosystems. Bitbar is headquartered in Helsinki, Finland, and has a global footprint with operations also in San Francisco, Mountain View and Wroclaw, Poland. More about the company, products and customers at bitbar.com.
Inventure is a leading early-stage venture capital company in the Nordics and Baltics. Inventure invests in innovative and fast-growing companies, led by exceptional entrepreneurs and willing to disrupt their industries. Inventure’s team is a great mix of experienced entrepreneurs, industry experts, and investment professionals committed to helping start-ups build global success stories. Inventure operates in Helsinki, Stockholm, Shanghai, and New York. For more information, please visit www.inventure.fi
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