Conformiq, a Saratoga, Calif.-based company that automates the generation of tests for software products, announced that it's brought in $4.2 million in a round of venture capital led by Nexit Ventures and Finnish Industry Investment, reports VentureWire. It claims that its lead product, Conformiq Qtronic, not only creates tests without any work on the part of the user but also provides documentation and related executable scripts.
Conformiq also recently named a new chief executive, handpicking A.K. Kalekos, an executive with experience at Xerox, Cadence and Mentor Graphics. The company, founded in Finland, plans to expand its North American operations over the course of 2009.