Following the announcement of our new US headquarters in Austin, Texas, we are thrilled to share more fantastic news. We have secured a follow-on round of funding of £3 million from our trusted investor, YFM Partners. This investment is a testament to the confidence our partners have in our vision and growth trajectory.
This additional funding will be instrumental in continuing our expansion into the US market and advancing our product innovation. Our new headquarters in Austin positions us closer to our US clients, allowing us to better serve their needs and capitalise on the vibrant tech talent in the region.
The infusion of funds will also enable us to accelerate our GenAI strategy for test automation and DevOps. We previously announced our AI Documentation solution as part of our 8.1 release. In addition to that, we are rapidly expanding the capability of our existing Quick Start AI solution for rapid test case creation and layering in new features like self-healing automation, and text-to-test functionality. This innovation will provide more efficient, accurate, and intelligent solutions, helping our clients achieve greater agility and speed in their DevOps and quality processes.
In addition to our GenAI strategy, we are committed to enhancing one of our core features—AutoDeploy. This feature is designed to assist our customers in moving to Continuous Test and Deployment models, enabling them to deploy changes more frequently and reliably. Our ongoing development in this area ensures that our clients can keep pace with the ever-evolving demands of the development, release, and upgrade cadence on the ServiceNow Platform.
This funding marks a significant milestone in our journey, reinforcing our commitment to innovation and customer success. With our strengthened presence in the US and our ongoing advancements in product development, we are well positioned to lead the market in Test Automation and DevOps solutions.
We are excited about what the future holds and look forward to sharing more updates as we continue to grow and innovate. Stay tuned for more exciting news from AutomatePro!
