Mobile testing platform Kobiton raises $14M, acquires rival Mobile Labs
Atlanta-based Kobiton, a mobile testing platform that enables designers and QA teams to evaluate their apps on real gadgets, both by themselves desks and through the company’s cloud-based service, today revealed that it has obtained Mobile Labs, another Atlanta-based mobile screening service. To fund the acquisition of its well-funded competitor, Kobiton raised a $14 […] As Kobiton CEO Kevin Lee informed me, we should not take that as the acquisition cost, but it’s probably a reasonable guess that the real price isn’t too far off. It’s intriguing that Kobiton, which introduced in 2017 and which might appear like a smaller gamer at very first glance, was able to obtain Mobile Labs. Mobile Labs has a lot of clients in the video gaming and monetary services area. Those Mobile Labs clients, Lee stated, were likewise looking for AI/ML-based testing solutions and the acquisition will now enable the two business to layer Kobiton’s technology on top of the Mobile Labs solution. …
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