Worksoft - About the company
Worksoft is an acquired company based in Texas City (United States), founded in 1998 by Linda Hayes. It operates as a SAP application lifecycle management. Worksoft has raised $38M in funding from Crescendo Ventures. The company has 140 active competitors, including 25 funded and 24 that have exited. Its top competitors include companies like JFrog, Progress and NGINX.
Company Details
Worksoft is a global provider of software for automated business process testing and discovery. Companies use Worksoft automation to replace manual processes, shorten project timelines, reduce costs, innovate faster, and improve business process quality across their enterprise application landscape, including web, cloud, big data, mobile, and dozens of enterprise applications
- Website
- worksoft.com
- Registered Address
- Addison, Texas
Key Metrics
Founded Year
1998
Location
Texas City, United States
Stage
Acquired
Total Funding
$38M in 6 rounds
Latest Funding Round
Investors
Ranked
20th among 140 active competitors
Employee Count
95 as on Dec 31, 2022
Exit Details
Acquired by Marlin Equity Partners (Feb 25, 2019)
Legal entities associated with Worksoft
Worksoft is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WORKSOFT, INC. CIN: 752747084 , United States, Active | Dec 26, 999 | - | 95 (As on Dec 31, 2022) | - |
Worksoft's acquisition details
Worksoft got acquired by Marlin Equity Partners on Feb 25, 2019.
Click here to take a look at Worksoft's acquisition in detail
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Worksoft's funding and investors
Worksoft has raised a total funding of $38M over 6 rounds. Its first funding round was on Mar 22, 2004. Worksoft has 5 institutional investors.
Here is the list of recent funding rounds of Worksoft:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 22, 2009 | 7094747 | Series D | 1438181 | 6033760 | 7980879 | 8196524 |
Nov 06, 2009 | 2839541 | Series D | 8435373 | 3022088 | 4471551 | 1967176 |
Dec 15, 2008 | 6359036 | Series D | 1135989 | 2070781 | 6573213 |
View details of Worksoft's funding rounds and investors
Worksoft's founders and board of directors
Founder? Claim ProfileThe founders of Worksoft is Linda Hayes.
Here are the details of Worksoft's key team members:
- Linda Hayes: Founder of Worksoft.
View details of Worksoft's Founder profiles and Board Members
Worksoft's employee count trend
Worksoft has 95 employees as of Dec 22. The total employee count is 2.0% more than what it was in Dec 21. Here is Worksoft's employee count trend over the years:
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Worksoft's Competitors and alternates
Top competitors of Worksoft include JFrog, Progress and NGINX. Here is the list of Top 10 competitors of Worksoft, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | JFrog 2008, Sunnyvale (United States), Public | Provider of software supply chain platform for DevOps and security | $227M | 79/100 | |
2nd | Progress 1981, Bedford (United States), Public | Platform offering IDE based application development software | - | 69/100 | |
3rd | NGINX 2011, San Francisco (United States), Acquired | Application modernization and HPC solutions provider | $84M | 68/100 | |
4th | CollabNet 1999, San Francisco (United States), Acquired | AI-powered platform for software development, delivery, and digital transformation | $60.1M | 62/100 | |
5th | Digital.ai 1999, Boston (United States), Series B | Provider of AI-based application lifecycle management software | $26.5M | 62/100 | |
6th | Faros AI 2019, United States, Series A | Provider of an engineering intelligence platform for optimizing software development lifecycles | $36M | 60/100 | |
7th | Lineaje 2021, San Francisco (United States), Series A | Provider of threat detection solutions | $27M | 60/100 | |
8th | Developer of internal developer portal for engineering and software development | $160M | 57/100 | ||
9th | Provider of application performance engineering, management, and quality assurance solutions | $540K | 55/100 | ||
10th | XebiaLabs 2008, Boston (United States), Acquired | Provider of cloud automation and management platform | $112M | 55/100 | |
20th | Worksoft 1998, Texas City (United States), Acquired | SAP application lifecycle management | $38M | 45/100 |
Looking for more details on Worksoft's competitors? Click here to see the top ones
Worksoft's Investments and acquisitions
Worksoft has acquired 2 companies including eureQa and TestFactory. Worksoft has not made any investments as of now.Reports related to Worksoft
Here is the latest report on Worksoft's sector:
News related to Worksoft
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Worksoft Announces Parag Karkhanis as SVP, Global Partners and AlliancesNewswire•Sep 11, 2024•Worksoft
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Automated Testing Trailblazer Linda Hayes Joins Worksoft as Sr. VP of EnablementNewswire•Jul 30, 2024•Worksoft
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Worksoft Acquires AI-Powered SaaS Test Automation Platform eureQaGlobeNewswire•May 24, 2022•Worksoft, eureQa
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Zylo Expands C-suite with Salesforce and Conga VeteransAiThority•Dec 01, 2020•Zylo, Salesforce, Worksoft
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Panaya and Worksoft Partner to Deliver Change IntelligenceDEVOPSdigest•Jul 29, 2020•Panaya, Worksoft
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