uTest, a leader in crowdsourced software testing announced September 13th that they've closed a $13 million C round investment, one of the largest investments ever made in a crowdsourcing company.
According to TechCrunch this brings the company's total funding up to $20 million. The round was led by Scale Venture Partners in Northern California, with uTest's existing investors, including Longworth and Egan-Managed Capital.Doron Reuveni, CEO of uTest said:
This was a highly competitive situation -- which is a testament to our growth and execution, as well as our belief that all applications need to be tested in the wild. We were blown away by ScaleVP's knowledge of crowdsourcing models, as well as their belief in our vision for the future of software testing. By enabling software, media and retail companies to get their apps tested in as little as 48 hours -- and for a fraction of the cost of traditional outsourced testing -- uTest is leaving a lasting footprint on the testing industry.
Companies benefit from uTests' outsourced and crowd-sourced software testing. After a company specifies its testing requirements, uTest picks a team of testers based on location, OS, browsers and available mobile devices. The teams are picked out of a community of 30,000+ testers from more than 160 countries around the world who are paid by writing test cases or finding a certain number of bugs. uTest, which is based in Southborough, Massachusetts, plans to use the new funding to expand its tester-base, move into service categories, and expand its usability and load testing services.
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