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Applause

Description

Provider of an online marketplace for software-testing services. The company improves digital quality for its customers through a crowdsourced method of software testing complemented by mobile software tools and sentiment analysis software with API integration.

2007

Founded

PRIVATE

Status

501-1K

Employees

Series F

Latest Deal Type

$35.1M

Latest Deal Amount

$115M

Total Amount Raised

Description

Provider of an online marketplace for software-testing services. The company improves digital quality for its customers through a crowdsourced method of software testing complemented by mobile software tools and sentiment analysis software with API integration.

Website:

www.applause.com

Formerly Known As

Yotest, uTest

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Software Development Applications

Other Industries

Consulting Services (B2B)

Primary Office

100 Pennsylvania Avenue Suite 500 Framingham, MA 01701United States +1 (844) 300-2777
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Applause Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Applause Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

Applause Investors (13)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
AccentureCorporationMinority000 0000000 0000
Berlin Technology HoldingGrowth/ExpansionMajority000 0000000 0000
Credit SuisseInvestment BankMinority000 0000000 0000
Egan-Managed CapitalVenture CapitalMinority000 0000000 0000
Longworth Venture PartnersVenture CapitalMinority000 0000000 0000
Accenture Corporation
Berlin Technology Holding Growth/Expansion
Credit Suisse Investment Bank
Egan-Managed Capital Venture Capital
Longworth Venture Partners Venture Capital

Applause Executive Team (24)

NameTitleBoard
Seat
Contact
Info
Rahul ShahSenior Vice President, Global Delivery & Customer Success
Tom BonosSenior Vice President, Global Sales
Doron ReuveniCo-Founder, Chief Executive Officer & Board Member
Chris MaloneChief Financial Officer
Bernard ChienChief Technology Officer
Rahul Shah Senior Vice President, Global Delivery & Customer Success
Tom Bonos Senior Vice President, Global Sales
Doron Reuveni Co-Founder, Chief Executive Officer & Board Member
Chris Malone Chief Financial Officer
Bernard Chien Chief Technology Officer

Applause Board Members (9)

NameRepresentingRoleSinceContact
Info
Andrew PageApplauseIndependent Director000 0000
Craig DynesApplauseIndependent Director000 0000
David CampbellThe Goldman Sachs GroupManaging Director, Merchant Banking Division000 0000
Doron ReuveniApplauseCo-Founder, Chief Executive Officer & Board Member000 0000
Jitendra SaxenaSelfBoard Member000 0000
Andrew Page Independent Director Applause
Craig Dynes Independent Director Applause
David Campbell Managing Director, Merchant Banking Division The Goldman Sachs Group
Doron Reuveni Co-Founder, Chief Executive Officer & Board Member Applause
Jitendra Saxena Board Member Self
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