Fundz

Sealights Announces $30 Million Series B To Revolutionize Software Quality At Scale

PRIVATEOct 19, 2021

Amount Raised

$30 Million

Round Type

Series B

DallasSoftware

Description

SeaLights, developer of the Software Quality Governance platform, announced today that it has secured a $30 million funding round led by Red Dot Capital Partners with the participation of Deutsche Bank, Translink Capital, and Shasta Ventures, as well as existing investors Blumberg Capital, Cisco Investments, TLV Partners and Wipro Ventures. This latest investment brings SeaLights' total funding to $50 million. As part of this round, Barak Salomon and Atad Peled of Red Dot Capital Partners will join the board of directors.

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Company Information

Company

SeaLights

Location

Dallas, Texas, United States

About

SeaLights is now a part of Tricentis - Next-Generation Quality Intelligence With this acquisition, SeaLights further increases Tricentis’ market leadership in quality intelligence by adding expanded capabilities to enable organizations with a shift-left approach to quality engineering for unparalleled visibility and insights into code and tests throughout the CI/CD pipeline. By joining forces with Tricentis, we can expand our reach and improve our impact. Together, we will make software quality more intelligent! SeaLights Quality Intelligence platform empower Dev & QA teams to reduce End-to-End testing cycle time and costs without compromising quality.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

SeaLights raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.