SmartBear

SmartBear

Tools for web and API testing

About SmartBear

Simplify's Rating
Why SmartBear is rated
A-
Rated C on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

501-1,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$21.5M

Headquarters

Somerville, Massachusetts

Founded

2003

Overview

SmartBear provides a suite of tools aimed at improving the quality and performance of software applications through web and API testing, performance monitoring, and test management. Their products help developers and testers ensure that applications are reliable, secure, and efficient. SmartBear's tools support various testing types, including functional and performance testing, and are designed to integrate with popular development environments like Jira and CI/CD pipelines. Unlike many competitors, SmartBear focuses on supporting modern development practices such as Agile and DevOps, making it easier for teams to deliver high-quality software quickly. The company's goal is to be a trusted partner in the software development community, helping over 6 million users and 22,000 companies worldwide enhance their software development processes.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for AI-driven testing solutions boosts SmartBear's market potential.
  • Recognition as a Leader in API Management enhances SmartBear's market positioning.
  • Remote work trends increase demand for SmartBear's robust testing and monitoring tools.

What critics are saying

  • Integration challenges with QMetry may disrupt operations if not managed well.
  • New CEO Dan Faulkner may introduce strategic shifts misaligned with market demands.
  • Rapid AI integration may face resistance from users unfamiliar with AI.

What makes SmartBear unique

  • SmartBear offers a comprehensive suite of tools for web and API testing.
  • The company integrates AI capabilities into its test management solutions.
  • SmartBear's tools support Agile and DevOps practices for efficient software delivery.

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Funding

Total Funding

$21.5M

Above

Industry Average

Funded Over

1 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Paid Vacation

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

↑ 9%

1 year growth

↑ 9%

2 year growth

↑ 9%
Business Wire
Feb 18th, 2025
SmartBear Regional Sales Lead Joins Sales and Marketing Panel at SaaS.Connect Summit & Expo in India

SmartBear's Jo Alapatt Speaking at SaaS.Connect Summit & Expo in India

Business Wire
Jan 13th, 2025
Phyllo Wins SmartBear's Developer Visibility Award for Excellence in Collaboration and Innovation

Phyllo wins SmartBear's Developer Visibility Award for excellence in collaboration and innovation.

Business Wire
Jan 9th, 2025
Built In Honors SmartBear in Its Esteemed 2025 Best Places To Work Awards

SmartBear lands on 2 Built In 2025 Best Places to Work lists: 100 Best Midsize Places to Work in Boston and 100 Best Places to Work in Boston

SmartBear
Jan 9th, 2025
Built In Honors SmartBear in Its Esteemed 2025 Best Places To Work Awards

SmartBear, a leading provider of software quality and visibility solutions, was honored in Built In's 2025 Best Places To Work Awards.

HR Tech Wire
Jan 8th, 2025
SmartBear Announces CEO Transition, Appoints Dan Faulkner to Lead Next Phase of Innovation and Growth

SmartBear, a leading provider of software quality and visibility solutions, has appointed Dan Faulkner, the company's Chief Product Officer, as Chief Executive Officer.

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