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uTest Names Travis Connors to Board of Directors
Partner at Egan-Managed Capital Brings Wealth of Experience With High-Growth Web Ventures
| Source: uTest
BOSTON, MA--(Marketwire - April 7, 2009) - uTest, the world's largest marketplace for software testing services, is pleased to
announce that it has appointed Travis Connors to its board of directors.
Connors is a Partner at the Boston-based venture capital firm Egan-Managed Capital, which was a
lead investor in uTest's recent $5 million round of funding.
"Travis has an outstanding track record for helping to guide some of the
most successful web start-ups in our industry," said Doron Reuveni, CEO and
co-founder of uTest. "It's another affirmation of the uTest model to have
someone with Travis' vision and expertise on our side. uTest is looking
forward to expanding our rapid growth in the software testing industry, and
Travis will play a major role in that."
Connors, who joined Egan-Managed Capital in 2000, has more than 12 years of
investing and financing experience with technology companies at various
stages of growth.
"I was drawn to the concept of crowdsourced software testing from the
moment I heard the idea," said Connors. "And the better I understood
uTest's vision, the more I realized how well-positioned they are for
success. When you consider the size of the software testing market, as
well as the number of customers uTest has already acquired since their
recent launch, it's clear that they're on the right path."
As a partner at Egan-Managed Capital, Travis serves on the Board of
Directors of companies such as Envista Software, Owner IQ and Pyxis Mobile.
Travis previously served on the Board of Directors of AllVertical, Groove
Mobile (acquired by LiveWire Mobile), CenterStone Software (acquired by
Manhattan Software) and WebEvent (acquired by peoplecube), and worked
closely with IntelliVid (acquired by Tyco International).
Prior to joining Egan-Managed Capital, Travis was an associate in Merrill
Lynch's technology investment banking group. Previously, he headed the
Silicon Valley office of Spears, Benzak, Salomon, & Farrell (SBSF), an
investment management firm based in New York, where he focused on the
firm's technology investment policy and was responsible for the management
of the firm's public technology company investments. Travis is a graduate
of Connecticut College with a BA in Economics and earned his MBA from the
Columbia Graduate School of Business.
About uTest
uTest is the world's largest marketplace for software testing services.
The company provides real-world testing services through its community of
15,000+ professional testers from 152 countries around the world. More
than 500 companies -- from web start-ups to enterprise software firms --
have signed up for the uTest marketplace to get their web, desktop and
mobile applications tested.
uTest enables companies to launch higher quality products; get their
applications to market faster; and control the cost of testing. Customers
can build a virtual testing team based upon location, language, OS and
browser. And because uTest is on-demand, customers pay only for those bugs
that they approve. More information can be found at http://www.utest.com.