uTest closes $43 mln Series E round led by Goldman Sachs
uTest, which provides app testing through a community of 'in-the-wild' testers, has closed a $43 million Series E round of funding, led by Goldman Sachs. The funding round had full participation from existing investors QuestMark Partners, Scale Venture Partners, Longworth Venture Partners, Mass Ventures, Egan-Managed Capital and Mesco Ltd. Funding comes as the company plans to expand its offering and change its name to Applause, and brings its total funding to date to $80 million. As part of the round, David Campbell, Goldman Sachs' managing director in the merchant banking division, will join uTest's board of directors.
14 January 2014•4 mins read
