Elance Lands $16,000,000 New Financing

  • Feed Type
  • 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
  • Venture Investor
    Stripes Group
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    Kleiner Perkins Caufield & Byers