UTest Raises $5M Series B Round

Wade Roush12/2/08

UTest, the Boston-based software quality assurance outsourcing startup we profiled back in August, said today that it has raised a $5 million Series B funding round. The funds, which come on top of a $2.23 million Series A round announced in March, are from new investors Longworth Venture Partners and Egan-Managed Capital, both located in Boston. Existing investors Mesco Ltd. and the Massachusetts Technology Development Corporation also joined the round.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.