S
SOASTA
Load Testing and Performance Monitoring | SOASTA
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.
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.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Mar 2017 | $0 | — | Undisclosed | — |
| DEBTDebt | Mar 2016 | $30M | — | Pelion Venture Partners · Canaan · Formative Ventures · Tennenbaum Capital Partners | — |
Growth signals
Latest recorded traffic for SOASTA is 3.4K monthly website visits, up 100% over the last three months.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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- MCMacquarie Capital Markets Canada
- RPROTH Capital Partners
- TPTennenbaum Capital Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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