Thoma Bravo strikes $250M deal for Applitools

Thoma Bravo has agreed to invest in Applitools, a San Mateo, Calif.-based provider of visual testing and monitoring software, with Calcalist reporting a deal price of $250 million. The company raised $31 million in a 2018 VC round led by OpenView, with existing investors Sierra Ventures, Magma Venture Partners and others also participating in the funding.