Globespan Capital backs Perfecto Mobile with $15m financing round


Globespan Capital Partners has led a $15m financing round for cloud-based application testing company Perfecto Mobile.

Existing investors Carmel, Vertex and the Waisbein Fund also took part in the third round of financing for Perfecto.

Globespan managing director Jonathan Seelig said, “Perfecto Mobile has established itself as the leader in the enterprise mobile application testing and monitoring space by offering a powerful solution.

“Our firm was particularly impressed by the company’s technological prowess, broad enterprise customer base, and established eco-system comprising of strategic partnerships with industry leaders as well as IT service providers, including Accenture, Cognizant and Tata Services.

“Perfecto Mobile is moving fast, we expect more news from the company in the near future.”

Globespan, which has more than $1bn under management, tends to invest in companies as they are about to bring products to market.

It focuses on IT companies in the mobile communications, internet infrastructure, software and systems sub-sectors.

Globespan closed its last venture fund on $378m in 2007, following a $288m fundraise three years earlier.

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