Crowdsourcing startup uTest raises USD5m

Tags: Crowdsourcing, uTest Inc., Egan-Managed Capital, Longworth Venture Partners, Massachusetts Technology Development Corporation, Mesco, uTest, Jeremy Collum

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2008-12-02 13:10:41.0

Massachusetts-based crowdsourcing startup uTest has raised USD5m in a Series B round led by Longworth Venture Partners and Egan-Managed Capital that included existing investors Mesco and the Massachusetts Technology Development Corp.

mTest previously raised USD500,000 in Series A funding from the Massachussetts Technology Development Corp in January 2008 and USD2.3m in seed funding from Mesco in October 2007.

Founded in February 2007 by Roy Solomon, uTest provides on-demand testing services for software developers through an online community of professional testers. Typical clients include enterprise software companies which use the platform to manage their quality assurance cycles and recruit software testers to check their products for bugs.

 

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