Crowdsourcing Heats Up, More Fundings Predicted

Is crowdsourcing becoming, well, crowded? Several recent fundings are bringing new attention to crowdsourcing, where tasks traditionally performed by employees or contractors are distributed to an amorphous community of workers via the Web. There is likely more money on the way. The latest cash-rich startups include uTest, which last month raised a $13 million C […]

uTest Raises $5 Million

uTest, a Southborough, Mass.-based provider of crowdsourcing for software testing, has raised $5 million in Series B funding. Longworth Venture Partners and Egan-Managed Capital co-led the round, and were joined by return backers Mesco Ltd. and the Massachusetts Technology Development Corp.

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