Vietnamese startup acquires US mobile testing platform

Nov 11, 2020Updated Dec 15, 20201 min read

Vietnamese tech startup Kobiton has acquired U.S.-based mobile testing platform Mobile Labs Inc after raising $14 million for the purpose. Kobiton, which provides a platform for app developers to test their products, said in a statement that the acquisition would help customers deliver apps of higher quality faster by utilizing artificial intelligence.

The acquisition was funded by U.S.-based investment funds BIP Capital and Fulcrum Equity Partners.

Ha Ngoc Vinh Du, director of Kobiton in Vietnam, said that the acquisition was also positive news for the Vietnam tech industry as it confirms the talent of Vietnamese tech engineers among the global tech community.

Jim Douglass, the partner at Fulcrum Equity Partners, said that companies are increasingly reliant on their mobile channels to improve revenues, and they need new ways to test their apps on real devices without sacrificing quality.

Kobiton, with offices in Ho Chi Minh City and Atlanta, U.S., was founded by Vietnam-based KMS Technology in 2016. It has over 50 IT engineers and developers in its employ. Its platform is used by over 60,000 developers worldwide.

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Mei Ling Tan

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Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

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