Thoma Bravo's Applitools acquires Preflight in $10-15 million deal to expand AI-powered test automation tools
Thoma Bravo's Applitools acquires Preflight in $10-15 million deal to expand AI-powered test automation tools
With this acquisition, Applitools expands its portfolio to offer an end-to-end testing platform that covers the entire automated testing lifecycle
Applitools, which develops AI-powered test automation tools, announced on Thursday the acquisition of Preflight, a test automation platform specializing in low-code test automation.
The financial details of the transaction were not disclosed, but according to industry sources, the scope of the transaction is estimated at $10-15 million. Applitools was acquired by U.S.-based investment firm Thoma Bravo for $250 million in March 2021.
Preflight’s low-code testing solution helps teams create, run, and maintain automated tests. Since there is no need to write code, teams can create complex end-to-end test scenarios without the need to invest costly engineering resources.
With this acquisition, Applitools expands its portfolio to offer an end-to-end testing platform that covers the entire automated testing lifecycle. This includes full support for tests created through low-code tools like Preflight open-source frameworks like Selenium, Playwright or Cypress.
Applitools was founded in 2013 by serial entrepreneur Gil Sever, who serves as its CEO and in the past was one of the founders of Safend and StorWize. Additional founders include Adam Carmi, who serves as CTO, and Moshe Milman, the COO.
Preflight was founded in 2018 by Mustafa Bayramoglu in Chicago, Illinois. Prior to founding Preflight, Bayramoglu was a senior software engineer and a team leader in ShipBob.
Y Combinator was a Seed investor in Preflight, which has also raised several millions of dollars from additional U.S. investors.
Preflight has around 20 employees, and the key technical staff under the leadership of Bayramoglu will join Applitools post acquisition.
Preflight has tens of customers in the U.S. including Microsoft and Yamaha.
