Conformiq raises $4.2M to automate software tests
Conformiq, a Saratoga, Calif.-based company that automates the generation of tests for software products, announced that it’s brought in $4.2 million in a round of venture capital led by Nexit Ventures and Finnish Industry Investment, reports VentureWire. It claims that its lead product, Conformiq Qtronic, not only creates tests without any work on the part of the user but also provides documentation and related executable scripts.
Conformiq also recently named a new chief executive, handpicking A.K. Kalekos, an executive with experience at Xerox, Cadence and Mentor Graphics. The company, founded in Finland, plans to expand its North American operations over the course of 2009.
Next Story: Orsus raises funds for risk management software, buys rival Cinario
Previous Story: Venture firm Kleiner Perkins is raising $1.25B — much of it green
About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.