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
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.
Profile
oDesk LinkedIn Company Profile
Social Media
oDesk Company Twitter Account
Company News
oDesk News
Facebook
oDesk on Facebook
YouTube
oDesk on YouTube

Management Team

Title
Name
Email & Social
Chairman
Thomas Layton
  Thomas Layton LinkedIn Profile  Thomas Layton Twitter Account  Thomas Layton News  Thomas Layton on Facebook
Chief Executive Officer
Gary Swart
  Gary Swart LinkedIn Profile  Gary Swart Twitter Account  Gary Swart News  Gary Swart on Facebook
Chief Financial Officer
Greg Stanger
  Greg Stanger LinkedIn Profile  Greg Stanger Twitter Account  Greg Stanger News  Greg Stanger on Facebook
Chief Technical Officer
Odysseas Tsatalos
  Odysseas Tsatalos LinkedIn Profile  Odysseas Tsatalos Twitter Account  Odysseas Tsatalos News  Odysseas Tsatalos on Facebook
Co-Founder
Stratis Karamanlakis
  Stratis Karamanlakis LinkedIn Profile  Stratis Karamanlakis Twitter Account  Stratis Karamanlakis News  Stratis Karamanlakis on Facebook
VP - Marketing
Jaleh Bisharat
  Jaleh Bisharat LinkedIn Profile  Jaleh Bisharat Twitter Account  Jaleh Bisharat News  Jaleh Bisharat on Facebook
VP - Product Management
Michael Levinson
  Michael Levinson LinkedIn Profile  Michael Levinson Twitter Account  Michael Levinson News  Michael Levinson on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/25/2006: Resilience venture capital transaction
Next: 4/25/2006: Intervolve venture capital transaction

 

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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.

 


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