Qase raises $7.2M to help companies manage their software tests

Qase, an Austin-based platform for managing software quality assurance testing and reporting, today announced that it raised $7.2 million in a Series A round led by Chrome Capital with participation from FinSight Ventures and S16VC.
Nikita Fedorov, the CEO and founder, says that the proceeds will be put mostly toward product development, including a plug-ins marketplace, and expanding Qase’s 33-person workforce to 50 by the end of the year.
“This expansion will enable us to accelerate our R&D and better serve our increasing user base,” Fedorov told TechCrunch in an email

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