$5.1M for Cloudcrowd

Wade Roush8/17/10

San Francisco-based Cloudcrowd, a “Labor as a Service” startup that helps businesses outsource tasks such as data processing to a virtual workforce, has raised $5.14 million in Series A venture financing, according to an August 13 regulatory filing. Draper Fisher Jurvetson led the round, according to several online reports.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @