Term Sheet

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Venture capital deals

December 5, 2011: 9:44 AM ET

uTest, a Southborough, Mass.-based operator of a software testing marketplace, has raised $17 million in Series D funding. QuestMark Partners led the round, and was joined by return backers Scale Venture Partners, Longworth Venture Partners, Egan-Managed Capital and Mesco Ltd. The company previously raised around $20 million. www.utest.com

XtremIO, a San Jose, Calif.-based developer of solid-state storage solutions, has raised around $5 million in new Series B funding. Lightspeed Venture Partners led the new tranche, which brings the round total to more than $19 million. Earlier backers include Battery Ventures, Giza Venture Capital and Jerusalem Venture Partners. www.xtremeio.com

Prism Solar Technologies Inc., a Highland, N.Y.-based maker of products that improve the efficiency of solar energy collection, has raised $4.4 million in VC funding led by I2BF Venture Capital.www.prismsolar.com

Power2Switch, a Chicago-based online comparison engine for energy rates and an automated switching process to new electricity supplier, has raised $1.3 million in VC funding. OCA Ventures led the round, and was joined by Hyde Park Angels, New World Ventures and I2A. www.power2switch.com

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About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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