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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
Social
X
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
Ranked
Employee Count
95 as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Marlin Equity Partners (Feb 25, 2019)

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:lockFilter 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
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Worksoft's founders and board of directors

Founder? Claim Profile
The founders of Worksoft is Linda Hayes.
Here are the details of Worksoft's key team 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:
Employee count trend for Worksoft
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for JFrog
JFrog
2008, Sunnyvale (United States), Public
Provider of software supply chain platform for DevOps and security
$227M
79/100
2nd
Logo for Progress
Progress
1981, Bedford (United States), Public
Platform offering IDE based application development software
-
69/100
3rd
Logo for NGINX
NGINX
2011, San Francisco (United States), Acquired
Application modernization and HPC solutions provider
$84M
68/100
4th
Logo for CollabNet
CollabNet
1999, San Francisco (United States), Acquired
AI-powered platform for software development, delivery, and digital transformation
$60.1M
62/100
5th
Logo for Digital.ai
Digital.ai
1999, Boston (United States), Series B
Provider of AI-based application lifecycle management software
$26.5M
62/100
6th
Logo for Faros AI
Faros AI
2019, United States, Series A
Provider of an engineering intelligence platform for optimizing software development lifecycles
$36M
60/100
7th
Logo for Lineaje
Lineaje
2021, San Francisco (United States), Series A
Provider of threat detection solutions
$27M
60/100
8th
Logo for Port
Port
2022, Tel Aviv (Israel), Series C
Developer of internal developer portal for engineering and software development
$160M
57/100
9th
Logo for Avekshaa
Avekshaa
2010, Bengaluru (India), Seed
Provider of application performance engineering, management, and quality assurance solutions
$540K
55/100
10th
Logo for XebiaLabs
XebiaLabs
2008, Boston (United States), Acquired
Provider of cloud automation and management platform
$112M
55/100
20th
Logo for Worksoft
Worksoft
1998, Texas City (United States), Acquired
SAP application lifecycle management
$38M
45/100
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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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FAQs about Worksoft

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