Elance Secures $16M in Expansion Capital

Funding Rounds

▤ Summary

Elance, a Mountain View, California and Oslo, Norway-based Internet platform for online employment, has secured $16m in expansion capital.The round was led by the Stripes Group with participation from existing investors New Enterprise Associates (NEA) and Kleiner Perkins Caufield & Byers.Led by CEO Fabio Rosati, Elance provides a platform that helps businesses hire and manage in the cloud.It offers access to professionals and the ability to build and manage entire teams online.For independent professionals who want to work online, Elance offers access to qualified clients, and a virtual workplace.

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Amount $16.0M Total raised
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Date January 25, 2012 Announcement date
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Investors - Lead investors
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Company http://www.elance.com Funded company

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