uTest Receives $17,000,000 Series D Funding
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=baf6ebfa-7843-44f9-932b-3872e51b90fc&Preview=1 -
Date
12/5/2011 -
Company Name
uTest -
Mailing Address
153 Cordaville Rd Southborough, MA 01772 -
Company Description
uTestTM is revolutionizing traditional software testing by introducing the first global marketplace for software application testing coupled with a Pay Per Bug business model. -
Website
http://www.utest.com -
Transaction Type
Venture Equity -
Transaction Amount
$17,000,000 -
Transaction Round
Series D -
Proceeds Purposes
The company will use the financing to continue developing its service and for its sales and marketing initiatives. -
M&A Terms
-
Venture Investor
Questmark Partners -
Venture Investor
Scale Venture Partners -
Venture Investor
Longworth Venture Partners -
Venture Investor
Egan-Managed Capital -
Venture Investor
Massachusetts Technology Development Corp.
