SmartBear Buys Bugsnag
April 29, 2021
has entered into a definitive agreement to acquire
application stability management pioneer, Bugsnag.
Bugsnag’s best-in-class, full-stack stability and error
monitoring technology is leveraged by industry leaders like
Airbnb, Slack, Lyft, and more than 6,000 organizations that
prioritize application stability and health in order to
continuously deliver high quality software. The addition of
Bugsnag further bolsters an award-winning SmartBear offering
that supports quality-first initiatives across every aspect
of software delivery.
“We are thrilled to add Bugsnag to our portfolio of
market-leading solutions,” said Frank Roe, CEO of SmartBear.
“SmartBear solutions cover the critical areas of design,
development, test management and automation, and Bugsnag
adds app stability in production environments to our full
span of SDLC coverage. This addition amplifies our rapid
growth we’ve seen over the past few years and solidifies the
position of SmartBear as the first choice for millions of
developers and software teams around the globe.”
incredibly excited for this new chapter for our company
because with the backing of SmartBear we will be able to
continue to address the soaring demand for stable, high
quality applications,” said James Smith, co-founder and CEO
of Bugsnag. “Bugsnag and SmartBear share a common mission to
help software teams accelerate the delivery of high quality
software, so this coming together is a no-brainer for us and
“An accelerated shift to DevOps, among other existing
digital transformation initiatives, has really taken off
over the past year,” said Vineeta Puranik, SVP of
Engineering at SmartBear. “Those shifts require testing to
be performed earlier and by developers alongside testers.
Bugsnag empowers development teams to make data-driven
decisions around app quality, and the solution’s ease of use
and seamless integrations make it a perfect fit for the
The acquisition comes after record, double-digit growth for
SmartBear last year as well as the company securing a
significant investment from Vista Equity Partners in
October. Vista is an investor alongside Francisco Partners,
which acquired SmartBear in 2017.
The transaction is subject to customary closing conditions.