Taiko, a leading software automation company, has announced that it has raised USD 15 million in Series A funding. The funding round was led by XYZ Ventures, with participation from ABC Capital and DEF Partners.
The funding will be used to further develop Taiko’s innovative automation platform, which helps companies streamline their software testing and deployment processes. Taiko’s platform uses machine learning and AI technology to automate repetitive tasks and improve software quality.
CEO of Taiko, John Smith, commented on the funding round, saying, “We are thrilled to have XYZ Ventures, ABC Capital, and DEF Partners on board as investors. This funding will allow us to accelerate our product development and expand our customer base.”
Founded in 2017, Taiko has quickly become a leader in the software automation industry. The company’s platform is used by Fortune 500 companies and startups alike to improve their software development processes and increase productivity.
This latest funding round brings Taiko’s total funding to date to USD 25 million. The company plans to use the funding to expand its team, enhance its technology, and grow its global presence.