TPG Deepens Investment in Sauce Labs

March 9, 2021

Sauce Labs announced that TPG has significantly increased its investment stake in the company and that Art Heidrich from TPG has joined Sauce Labs' Board of Directors. The minority/growth investment will support Sauce Labs’ continued expansion of its continuous testing platform and follow recent product and tuck-in acquisition activity (AutonomIQ and API Fortress).

Buyers
TPG
Targets
Sauce Labs
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Growth capital

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