oDesk Achieves 3X Growth in 12 Months

Contact us at press@odesk.com


Company continues to build momentum with 110,000 providers, 125,000 jobs posted
and over $43 million in services delivered


oDesk, the marketplace and management platform for remote work, today announced continued momentum and record growth. oDesk enables companies of all sizes to hire, manage and pay highly skilled remote workers.

oDesk providers represent web developers, software programmers, graphic designers, writers, researchers and administrative assistants. oDesk buyers represent small businesses to Fortune 500 companies seeking access to high quality talent at competitive rates. Providers are guaranteed payment and buyers are guaranteed work. There is no charge to post a job or apply for a job on oDesk.

The value of services bought and sold on oDesk has nearly tripled in each of the past two years, representing the company’s most substantial growth period to date. Over $43 million in work has been delivered through oDesk. Other important company milestones include:

Over 110,000 professionals from 100 countries now offer their services on oDesk with the addition of 86,000 new providers in just 12 months. Over 50,000 jobs have been filled through oDesk at an average hourly job size of 390 hours. Over 10,000 new work opportunities are posted on oDesk each month, with that number increasing rapidly.

Over 190,000 qualification tests have been taken by more than 55,000 oDesk providers making it easy for oDesk buyers to identify the right providers. oDesk offers hundreds of free qualifications tests covering a broad range of technical and office skills such as PHP, Java, Adobe Photoshop, Microsoft Office applications, English editing, and SEO and encourages all new providers to complete a free profile. Over 3,000,000 work hours have been logged on oDesk, with 55,000 logged within the last week alone (see chart).

"oDesk’s rapid growth is attributable to our superior business model," said Gary Swart, CEO of oDesk. "Buyers get access to a global talent pool of highly-specialized technical talent and real-time visibility into providers’ work. It’s as close as it gets to everyone working in the same office. Providers get access to thousands of long-term job opportunities every month and guaranteed payment."

In June of this year, oDesk received $15 million in Series C financing. oDesk investors include Benchmark Capital, Globespan Capital Partners DAG Ventures and Sigma Partners.

About oDesk

oDesk (www.oDesk.com) is the global marketplace for programmers and technical talent that lets businesses hire, manage, and pay remote teams. Hiring managers can search the oDesk network and choose from among thousands of tested, top-rated professionals from over 100 countries around the world. Using the oDesk web-based collaboration tools, project managers can visually track and verify all work performed, both historically and in real-time. Every day, oDesk helps people all over the world to work together, as if they were seated in the same office. Founded in 2004, oDesk is located in Menlo Park, CA.


Press Contact:
Elizabeth Gordon
elizabeth@gordonpr.com
415-595-5538