uTest Raises $43 Million for Crowdsourced Testing

The crowdsourced software testing startup uTest has raised $43 million in a round led by Goldman Sachs.

Farmington, Mass.-based uTest plans to rename itself Applause at the end of this quarter, it had previously announced, in a sort of slow-motion rebranding.

With 100,000 paid testers, uTest reviews product builds for companies including Google, Microsoft, Amazon, USA Today, Rolex, Box and Runkeeper.

The new Series E round wasn’t necessary, according to uTest CEO Doron Reuveni, but it should help the company improve its app quality evaluation tools, grow internationally, find more resellers and buy companies. Reuveni said he expects the company to go public in the next two to three years.

The round also included previous investors QuestMark Partners, Scale Venture Partners, Longworth Venture Partners, Mass Ventures, Egan-Managed Capital and Mesco.

UTest has 160 employees and offices in Seattle, New York, Los Angeles, Dallas and Warsaw, Poland. It has now raised a total of $80 million over five years.

This article originally appeared on Recode.net.

We're here to shed some clarity

One of our core beliefs here at Vox is that everyone needs and deserves access to the information that helps them understand the world, regardless of whether they can pay for a subscription. With the 2024 election on the horizon, more people are turning to us for clear and balanced explanations of the issues and policies at stake. We’re so grateful that we’re on track to hit 85,000 contributions to the Vox Contributions program before the end of the year, which in turn helps us keep this work free. We need to add 2,500 contributions this month to hit that goal. Will you make a contribution today to help us hit this goal and support our policy coverage? Any amount helps.

One-Time Monthly Annual

$5/month

$10/month

$25/month

$50/month

Other

$

Yes, I'll give $5/month

Yes, I'll give $5/month

We accept credit card, Apple Pay, and Google Pay. You can also contribute via