Functionize: Receives Strategic Investment From Wipro Ventures
- Functionize, a Walnut Creek, Calif.-based creator of an AI-powered testing platform, received a strategic investment led by Wipro Ventures
- The amount of the deal was not disclosed. This strategic investment comes after the company’s $16m series A in 2019 led by Gary Little, with Wipro Ventures
- The company intends to use the funds to strengthen its proprietary AI technology
- The company provides an AI-powered test automation platform offering feature
- Founder Tamas Cser will transition the role of CTO to focus on building and advancing the product
- Since officially launching its cloud-based autonomous testing platform in 2015, the company has increased its employee base to over 100 employees
