Osborne Clarke has advised test IO on the closing of its Series A financing round. The Berlin-based start-up, formerly known as Testcloud GmbH, has raised $5 million Series from Turn/River Capital. The leading self-service crowdtesting platform for app and web developers was founded in 2011.

The new capital will be used to accelerate growth, including its U.S. market launch and company-wide rebrand. Business Angels had already invested in the platform in 2012, which was followed by a further financing round in 2013.

The Osborne Clarke team that advised on the takeover was led by Partner Nicolas Gabrysch who was assisted by Philip Meichssner and Konstantin Ewald.

The specialist legal publisher JUVE recommends the Osborne Clarke venture capital teams in Germany. Osborne Clarke advises start-ups and investors in all stages, from establishing the company right up to the exit. The clients gain from the practical expertise of the lawyers in selected sectors including Digital Business, Life Science & Healthcare, Retail or Energy.