Tech Company Financing Transactions
oDesk Funding Round
oDesk, based in Redwood City, secured $6 million from Globespan Capital Partners and Sigma Prime Ventures.
Transaction Overview
Company Name
Announced On
4/25/2006
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
Globespan Capital Partners (Venky Ganesan)
Sigma Prime Ventures (Gregory Gretsch)
Proceeds Purpose
oDesk will use the funding to address the demand created by its impressive growth rate of 20 percent per month.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
901 Marshall Street 200
Redwood City, CA 94025
USA
Redwood City, CA 94025
USA
Phone
Website
Email Address
Overview
oDesk enables buyers of services to hire, manage, and pay technology service providers from around the world. Buyers choose oDesk for top global talent, comprehensive management tools, and a flexible hourly payment model.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 4/25/2006: Resilience venture capital transaction
Next: 4/25/2006: Intervolve venture capital transaction
Share this article
About Our VC Transactions Data
We report on tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs