Machine Learning Startup Appvance Gains $5 Million

Appvance.ai, an inventor and provider of AI-driven test automation software, secured $5 million in Series B funding. The company has raised a total of $12 million to develop and deploy its AI-driven test technology across the world.

Designed to help engineering teams make application testing autonomous and continuous as part of their agile and DevOps cycles, Appvance IQ’s patent-pending machine learning technologies hold the speed record for legitimate data-driven script creation—6,000 unique scripts created in 10 minutes. According to the company, this is several thousand times faster than humans can write test scripts in any language—or create them using any other test software—with or without AI.