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SOASTA

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Load Testing and Performance Monitoring | SOASTA

Mountain View, United StatesFounded 2006Other B2B Software
Valuation $0–100M Latest valuation · 2015
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About SOASTA

SOASTA operated in the digital performance management sector, providing cloud-based services to test the performance and functionality of websites and mobile applications before its acquisition by Akamai Technologies in 2017. The company was founded in 2006 by Ken Gardner, a serial entrepreneur with a history of founding and leading technology companies, and Tom Lounibos, who served as CEO and brought over 30 years of experience in building early-stage software firms. Gardner's background includes multiple successful ventures, such as Sagent Technology and Istante Software, which were acquired by major industry players.

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The firm's business model centered on providing a unified platform for measurement, testing, and analysis, enabling clients to understand the business impact of their digital performance. SOASTA's product suite allowed for comprehensive testing, including load, performance, functional, and UI/Ajax testing. Its flagship product, CloudTest, utilized cloud infrastructure like Amazon Web Services (AWS) to simulate massive user loads, helping businesses ensure their applications could scale and perform reliably. For mobile applications, SOASTA offered TouchTest, which automated functional testing for multitouch, gesture-based interfaces. Another key product was mPulse, which provided real user monitoring (RUM) to deliver insights into actual user experiences in real-time. This allowed clients to move beyond synthetic testing to proactively manage and optimize performance based on actual user data.

The company served a broad range of clients, from small businesses to large enterprises and major global brands that required high-performing digital experiences, including names like Apple, Target, and Disney. Revenue was generated through subscription-based access to its testing solutions, with different tiers available, including enterprise-level annual subscriptions. In March 2017, Akamai Technologies announced its agreement to acquire SOASTA in an all-cash transaction, integrating SOASTA's technology into its Web Performance Solutions portfolio to offer customers a more comprehensive set of tools to measure, optimize, and validate the business impact of their web performance strategies.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2006
Headquarters
Mountain View, United States
Employees
30
Open positions
None listed
Dealroom signal
26.3/100
Industry
Enterprise Software
Sector
Other B2B Software, Testing, Analytics, Retail, Hard Tech, DT and LS
Technology
Big Data, Deep Tech
Business model
SaaS
Client focus
b2b
Investment activity
1 company, latest Sep 2012
Capital deployed
Preferred round
ACQUISITION

Latest news

Press, funding announcements and product moves mentioning SOASTA.

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Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Mar 2017 $0 Undisclosed
DEBTDebt Mar 2016 $30M Pelion Venture Partners · Canaan · Formative Ventures · Tennenbaum Capital Partners
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Growth signals

SOASTA website traffic

Latest recorded traffic for SOASTA is 3.4K monthly website visits, up 100% over the last three months.

Latest monthly visits3.4K 3-month web change+100%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

7 investors on the cap table

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

Series A3 investors entered at this stage

  • Canaan
  • Entrepreneurs Fund
  • Formative Ventures

Series B and later4 investors entered at this stage

  • Pelion Venture Partners
  • Macquarie Capital Markets Canada
  • ROTH Capital Partners
  • Tennenbaum Capital Partners
Team profiled 36 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
4 countries with
team presence
🇺🇸 United States58.3%
🇨🇳 China16.7%
🇬🇧 United Kingdom16.7%
🇯🇵 Japan8.3%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about SOASTA 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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