bmp backs TestObject
bmp has invested in a seven-figure round for TestObject, a German developer of mobile apps optimisation solutions.
bmp invested from its €20m Frühphasenfonds Brandenburg fund, which is 75% backed by the European Regional Development Fund and 25% by budget funds from the State of Brandenburg. Software & Support Media GmbH's investment arm West TechVentures also participated in the round.
The company plans to enter the market and develop its product further following the investment.
Company
TestObject was founded in Berlin in early 2012. The company develops and operates cloud-based on-demand testing solutions that facilitate the automated testing of mobile Android apps. The business employs seven people.
People
Lars Michalak worked on the deal for bmp. Masoud Kamali is CEO of Software & Support Media/West TechVentures.
Advisers
Company - eventurecat (Corporate finance); MMC Finance (Corporate finance).
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