uTest, a Boston, MA-based provider of an app testing platform, closed a $43m Series E funding.
The round was led by Goldman Sachs, with participation from previous investors QuestMark Partners, Scale Venture Partners, Longworth Venture Partners, Mass Ventures, Egan-Managed Capital and Mesco Ltd. As part of the Series E investment, David Campbell, Goldman Sachs’ Managing Director, Merchant Banking Division will join uTest’s Board of Directors.
The company intends to use the funds to expand its testing services, develop tools to enable developers, QA, product, marketers and CEOs to better understand users’ wants and experiences, and to use that information to create better apps, grow distribution channels.
Launched in August of 2008 and led by CEO Doron Reuveni, uTest provides solutions, SDKs and integrated analytics to help companies test their web and mobile apps through the development lifecycle — including functional, security, load, localization and usability testing. To date, the company’s platform has tested more than 30,000 new builds for 2,000 companies of all sizes including Google, Microsoft, Amazon, USA Today.
In early 2014, uTest is changing its name to Applause. Following the rebrand, the tester community will continue to have the uTest name and will offer new services including paid testing projects, hands-on training, networking, events, career resources etc.
FinSMEs
14/01/2014
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