AppLabs

About AppLabs

AppLabs established itself as a significant entity in the software quality and testing sector before its acquisition. Founded in 2001 by Sashi Reddi, the company was headquartered in Philadelphia, Pennsylvania, and grew to be a major independent software testing company. Sashi Reddi, a serial entrepreneur and venture capitalist, leveraged his extensive academic and business background to guide AppLabs to a prominent market position. His journey includes a Bachelor of Technology in Computer Science from IIT Delhi, an MS from New York University, and a PhD from The Wharton School, experiences that shaped the company's trajectory.

The company specialized in providing information technology quality management, testing, and certification solutions. Its service portfolio included outsourcing, offshore services, quality assurance, and third-party validation, catering to a diverse client base across financial services, healthcare, manufacturing, and technology verticals. AppLabs' business model centered on offering these specialized testing services, helping companies ensure the quality and performance of their software and IT systems. A notable achievement was being the first software testing company to be appraised at SEI CMMI Level 5, the highest quality standard in software engineering.

A key milestone in AppLabs' history was its acquisition by Computer Sciences Corporation (CSC) in September 2011. At the time of the acquisition, AppLabs had a substantial global presence, with over 2,500 professionals in India, the US, and the UK. The acquisition was a strategic move for CSC to enhance its service testing capabilities in a high-growth market. The transaction provided a significant return for its investors, including WestBridge Capital and Sequoia Capital India, with Series A investors reportedly receiving a 10x return on their investment.