About SmartBear
SmartBear is a company based in Beverly (United States) founded in 2003 was acquired by Bitbar in August 2019.. SmartBear has completed 12 acquisitions, including Bitbar, Bugsnag and CrossBrowserTesting. SmartBear operates in a competitive market with competitors including Jitterbit, Tricentis, BrowserStack, Kong and Boomi, among others.
- Headquarter Beverly, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Francisco Partners
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Bitbar
& 11 more
- Acquired by
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Software Development Team
43 people
Sales and Marketing
35 people
Leadership Team
22 people
Product Management Team
22 people
Human Resources and Administration
8 people
Creative and Marketing Team
7 people
Senior Team
6 people
Account Team
5 people
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Funding Insights of SmartBear
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Private Equity Round - SmartBear | Valuation | Vista Equity Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SmartBear
SmartBear has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Francisco Partners, Bitbar and Vista Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are directed toward high-growth enterprise software and technology companies.
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Founded Year | Domain | Location | |
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Private equity investment firm focused on technology sector
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Founded Year | Domain | Location | |
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Automated, scalable testing platform for Android and iOS
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SmartBear
SmartBear has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Bitbar, Bugsnag and CrossBrowserTesting. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based API testing solutions are provided by Pactflow.
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2019 | ||||
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Cloud-based no-code solution enables automated regression testing for web apps.
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2019 | ||||
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Continuous test management is enabled for BDD and automated frameworks.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SmartBear
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Smartbear Comparisons
Competitors of SmartBear
SmartBear operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jitterbit, Tricentis, BrowserStack, Kong and Boomi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
API management software is provided for lifecycle development and monitoring.
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| domain | founded_year | HQ Location |
AI powered software testing suite
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| domain | founded_year | HQ Location |
Cloud based suite of software testing solutions
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| domain | founded_year | HQ Location |
Kong Inc. is recognized for providing a unified API platform.
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| domain | founded_year | HQ Location |
Cloud-based API management and iPaaS solutions are delivered for integrations.
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| domain | founded_year | HQ Location |
API design, testing, and management platform is developed for teams.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Smartbear
Frequently Asked Questions about SmartBear
When was SmartBear founded?
SmartBear was founded in 2003 and raised its 1st funding round 17 years after it was founded.
Where is SmartBear located?
SmartBear is headquartered in Beverly, United States. It is registered at Beverly, Massachusetts, United States.
What does SmartBear do?
SmartBear was founded in 2003 and is headquartered in Beverly, United States. Operations focus on the software testing sector, where tools are provided for professionals to build, test, and monitor applications and websites across desktop, mobile, and cloud environments. Services encompass API testing, functional testing, performance testing, browser testing, and API monitoring solutions.
Who are the top competitors of SmartBear?
SmartBear's top competitors include BrowserStack, LambdaTest and Jitterbit.
How many acquisitions has SmartBear made?
SmartBear has made 12 acquisitions, including Bitbar, Bugsnag, and CrossBrowserTesting.
Who are SmartBear's investors?
SmartBear has 3 investors. Key investors include Francisco Partners, Bitbar, and Vista Equity Partners.
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