03 June 2008 | Announcements | Brian

This morning we announced some exciting news. oDesk has raised $15 million in a round of financing led by DAG Ventures. Our existing investors - Benchmark Capital, Globespan Capital Partners and Sigma Partners- also participated in the round.

We’re excited to welcome DAG Ventures into the oDesk family and we’re delighted that our existing investors were eager to invest again.

oDesk is growing faster than we ever have before as more and more companies use our service to build and manage global teams.  

In addition to bringing the team in Menlo Park together for a fantastic buffet of celebratory Costco pizza, ribs, and cheesecake, having the extra cash gives us more flexibility to move even faster toward our vision of changing the way the world works.  Plus, DAG has been a pleasure to work with.

Read the press release here.