uTest Names Peter Roberts To Board of Directors

Partner at Longworth Venture Partners Brings Vast Expertise with Software and Internet Ventures
Boston, MA
Feb 10 2009

uTest, the world's largest software testing marketplace, announced today that it has appointed Peter Roberts to its board of directors. Roberts is a Partner at the Waltham, Mass.- based venture capital firm Longworth Venture Partners, which was the lead investor in uTest’s recent $5 million round of funding.

"Peter brings a wealth of experience in guiding web and software start-ups, and we will benefit directly and immediately from his vision," said Doron Reuveni, uTest CEO and co-founder. "It’s an exciting step in uTest’s evolution to grow our board along with our expanding customer base, testing community, and internal team. Peter will be instrumental in helping us to achieve even greater future growth."

"Longworth was attracted to investing in uTest because we saw the company as a community-driven solution with a powerful business model," said Roberts. "uTest is unique in that it has all the elements we seek in an investment; a very large market, early leadership position in that market, real customers, phenomenal growth potential and it solves an acute and tangible business problem – the need for a faster, more effective way to test software applications."

Roberts has more than 16 years of investing experience in high-growth software and internet companies. In addition to joining the uTest board, he also represents Longworth Venture Partners on the boards of DFA Capital Management, Genesis Networks, iJET Intelligent Risk Systems, and Innovectra.

Prior to joining Longworth Venture Partners, Peter was a Managing Director at BancBoston Ventures, where he spearheaded software internet investments, having led and managed 23 investments including Allaire Corporation, Arbinet, HTE, Internet Capital Group (ICG), Silknet, Watchfire, Waypoint, and WebCT.

An online demo of uTest’s services can be viewed at http://www.utest.com/demo.