uTest, Inc. Lands $5,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92ce67e3-a085-4e9c-9320-4254ccb9f21e&Preview=1
Date
12/2/2008
Company Name
uTest, Inc.
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
$5,000,000
Transaction Round
Series B
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Longworth Venture Partners
Venture Investor
Egan-Managed Capital
Venture Investor
Massachusetts Technology Development Corporation