Perforce Software, a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle, backed by Clearlake Capital Group LP and Francisco Partners, has acquired 21 Labs, an AI-based mobile testing provider that helps businesses deliver software.
“In today’s crowded testing market, enterprises are looking for a comprehensive, reliable solution that addresses the testing lifecycle across all digital channels, from creation, to execution, to analysis,” said Mark Ties, CEO and president, Perforce. “Together with 21 Labs, we’re able to do just that – being the first to provide organizations with a complete continuous testing solution for mobile and web that quickly delivers combined, AI-driven insights to improve application quality and directly impact the success of their businesses. 21 Labs further advances our mission to help customers deliver innovation at speed and at scale.”
Shani Shoham, CEO and founder, 21 Labs, commented, “Together, Perforce’s portfolio of intelligent test automation solutions and 21 Labs’ AI-based technology will help customers solve their hardest DevOps challenges. The skill set gap, integration complexity, and lengthy test creation and maintenance cycles are a sore spot for enterprises. These are further amplified in mobile due to the different development frameworks and the fragmentation of devices and operating systems. Companies can now achieve continuous testing in weeks vs. months or years through a self-learning and framework-agnostic intelligent test creation and maintenance platform. By joining forces with Perforce, we will be able to see out our vision of leveraging data to make QA more autonomous and close the feedback loop between development and production.”
“Apps are often the face of a business and an innovative, always-improving experience is vital to customer engagement,” said Tim Russell, chief product officer, Perforce. “21 Labs’ technology expands our offering to ensure enterprises are able to find and fix errors so they can deliver innovative quality experiences, faster.”
Lincoln International served as the exclusive financial advisor to Perforce on this transaction.