What Company Is Offering:
oDesk is a global marketplace for programmers and technical talent that lets businesses build and manage remote teams. Hiring managers can search the oDesk network and choose from among thousands of tested, top-rated technology professionals in over 100 countries around the world. Using oDesk web-based collaboration tools, project managers can visually track and verify all work performed, both historically and in real-time. Every day, oDesk helps people all over the world work together.
How Much They Got From Vcs:
oDesk, the leading marketplace and management platform for technical work, today announced it has secured $15 million in Series C financing. DAG Ventures led the round. Existing investors Benchmark Capital, Globespan Capital Partners and Sigma Partners also participated.
The influx of capital provides oDesk with additional resources to fuel its rapid expansion. oDesk enables companies to hire, manage, and pay remote professionals and is the only management platform that offers verified time tracking, giving managers real time visibility into virtual work. Global teams are managed as though everyone is in the same room, and providers can be paid by the hour for actual time worked. oDesk also helps companies identify superior talent at competitive rates and pay providers, without the usual administrative and accounting hassles.
The value of services provided on oDesk has nearly tripled in each of the past two years and growth is accelerating. To date, oDesk providers have delivered over $32 million in services. oDesk offers its nearly 80,000 registered providers access to thousands of new full time, part-time and project opportunities each month.
More at:www.oDesk.com
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