Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5682bba5-5bce-4f29-b3f5-cf9f570c8b29&Preview=1
Date 9/13/2010
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.
Proceeds Purposes The new funding will be used towards expanding uTest’s tester-base, moving into service categories, and expanding the company’s recently launched usability testing and load testing services.
M&A Terms
Venture Investor Scale Venture Partners
Venture Investor Longworth Venture Partners
Venture Investor Egan-Managed Capital
Venture Investor Massachusetts Technology Development Corp.