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SmartBear
SmartBear Software provides tools for over 100,000 software professionals to build, test, and monitor some of the best software applications and websites anywhere – on the desktop, mobile and in the…
About SmartBear
SmartBear Software is a global company that provides a comprehensive suite of tools for web and API testing, performance monitoring, and test management. The company serves a wide range of clients, including software professionals and companies of all sizes, across various industries. SmartBear operates in the software development and IT services market, focusing on improving the quality and performance of software applications.
SmartBear's business model revolves around offering software tools that help developers and testers ensure their applications are reliable, secure, and perform well. The company provides solutions for functional testing, API testing, performance testing, and continuous testing, among others. These tools are designed to integrate seamlessly with popular development environments and workflows, such as Jira for test management and CI/CD (Continuous Integration/Continuous Deployment) pipelines.
SmartBear makes money by selling licenses for its software tools, offering subscription-based services, and providing enterprise-level solutions. The company also generates revenue through professional services, such as training and consulting, to help clients get the most out of their products.
With over 6 million users and 22,000 companies in 194 countries relying on SmartBear's tools, the company has established itself as a trusted partner in the software development community. Its products are designed to support modern development practices like Agile and DevOps, ensuring that teams can deliver high-quality software quickly and efficiently.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2007
- Headquarters
- Somerville, United States
- Employees
- 944
- Open positions
- 22
- Dealroom signal
- 66.3/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software, Testing, Open Source, Virtualization, Analytics, Cloud Computing, Performance Management, Mobile Development, Became $1B as Subsidiary, DT and LS
- Technology
- Deep Tech
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 9 companies, latest Dec 2024
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GROWTH EQUITY VC✓Equity / VC | Oct 2020 | — | $1.8B | Vista Equity Partners | ↗ |
| GROWTH EQUITY VCEquity / VC | Mar 2020 | $22M | — | Francisco Partners | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for SmartBear is 350K monthly website visits, down 18.6% over the last three months. SmartBear's team declined 6.3% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
QMetrySanta Clara, United StatesQMetry | Test Management Software
→
ReflectLower Merion Township, United StatesReflect | Automated Web Testing
$500Kvaluation
StopLight (Formerly Evario)Austin, United StatesProviding engineering teams with the best way to document, test, and build web APIs.
$24Mvaluation
AspectoTel Aviv-Yafo, IsraelAspecto helps modern development teams solve production issues before they evolve
$400Kvaluation
PactflowMelbourne, AustraliaPactflow | Contract Testing with Pact at Scale
→
BugsnagSan Francisco, United StatesDetects and diagnoses crashes in your applications
$36Mvaluation
TM
TM4Jacquired
→
MuteSix Inc.Culver City, United StatesElite Facebook Advertising Agency | MuteSix
→
ZE
ZephyrNewark, United StatesSoftware Testing Tools & Test Management Software | Zephyr
$124Mvaluation
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later3 investors entered at this stage
Insight Partners
Francisco Partners
Vista Equity Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SmartBear 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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