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QASymphony

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Accelerates digital transformation with software testing solutions that help enterprises prioritize quality, develop reliable software and increase speed to market

Atlanta, United StatesFounded 2011Other B2B Software
Valuation $100–250M Last recorded · 2017
Revenue $10–50M Latest reported FY
Headcount 1–2k Current team size
Total funding $10–50M Disclosed equity funding
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About QASymphony

QASymphony was established in 2011 by co-founders Vu Lam, Josh Lieberman, and Wolfgang Platz. The company's inception traces back to KMS Technology, a software development and testing services business founded by Lam and Lieberman. Observing a market shift from traditional Waterfall to more flexible Agile development methodologies, the founders identified a bottleneck in the software testing phase, as existing tools were not keeping pace with the demand for rapid, iterative cycles. This led to the creation of QASymphony, which was initially developed under the KMS umbrella and later spun off as a separate entity.

Vu Lam's extensive background in the technology sector includes co-founding Paragon Solutions and holding a position at Bell Labs after earning degrees in Electrical Engineering from the University of Illinois and Purdue University. Josh Lieberman also has a track record of building multiple startups and actively engages in philanthropy within the tech community. Their collective experience in software services directly informed the development of QASymphony's offerings. The company successfully secured $47.5 million over three funding rounds, including a significant $40 million Series C in 2017 led by Insight Partners. In a strategic move in June 2018, QASymphony merged with Tricentis, a continuous software testing company, to create a more comprehensive platform for enterprise DevOps. Following the merger, QASymphony's CEO, Dave Keil, assumed the role of COO at the newly combined entity, which operates under the Tricentis name.

The firm specializes in providing an automated continuous testing platform designed to address the needs of enterprise clients navigating digital transformation. Its business model is centered on a subscription-based service for its software tools. QASymphony's core product, the qTest Platform, is an enterprise-level agile testing solution that centralizes test case management, exploratory testing, and analytics. Key features of the platform include real-time integration with popular Application Lifecycle Management (ALM) tools like Jira, Rally, and VersionOne, along with support for both manual and automated testing. The platform's proprietary recording technology automates the documentation of testing performed on desktop, web, and mobile applications. This enables development and QA teams to accelerate software delivery, enhance collaboration, and improve overall software quality. The company serves a global clientele of over 400 customers across various industries, including notable names like Salesforce, Barclays, Adobe, Samsung, and Verizon.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2011
Headquarters
Atlanta, United States
Employees
1,577
Open positions
None listed
Dealroom signal
60.8/100
Industry
Enterprise Software
Sector
Other B2B Software, Testing, Risk Management, SaaS, Reporting, Moving Services, Back Office, Video, Platform, Automated Technology
Business model
SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jan 2019 $0 — Tricentis —
SERIES C✓Equity / VC May 2017 $40M $160M Insight Partners · Fulcrum Equity Partners ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

QASymphony website traffic

Latest recorded traffic for QASymphony is 170 monthly website visits, down 80% over the last three months. QASymphony's team grew 0% over the past year.

Latest monthly visits170 3-month web change-80% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • BIP Capital
  • Poplar Ventures
  • KMS Technology
  • Fulcrum Equity Partners

Series B and later3 investors entered at this stage

Other known investors1 additional known investor

  • Tricentis
Team profiled 17 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Atlanta HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about QASymphony on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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