Elance Lands $16,000,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e7eafe14-b1c8-4a2f-b7fd-7388d637adfc&Preview=1 -
Date
1/26/2012 -
Company Name
Elance -
Mailing Address
441 Logue Avenue Mountain View, CA 94043 -
Company Description
As the world’s leading platform for online employment, Elance helps businesses hire and manage in the cloud. For businesses looking to staff-up a team on an hourly or project basis, Elance offers instant access to qualified professionals who work online and provides the tools to hire, view work as it progresses and pay for results. -
Website
http://www.elance.com -
Transaction Type
Venture Equity -
Transaction Amount
$16,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The investment will fund Elance’s growth as more businesses build contingent workforces in the cloud. -
M&A Terms
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Venture Investor
Stripes Group -
Venture Investor
New Enterprise Associates -
Venture Investor
Kleiner Perkins Caufield & Byers
