| Website | odesk.com |
| Blog | odesk.com/blog |
| Category | Consumer Web |
| Employees | |
| Description | Online project management software |
| Total | $29M |
| Series A, 4/06 Sigma Partners Globespan Capital Partners | $6M |
| Series B, 9/06 Benchmark Capital Sigma Partners Globespan Capital Partners | $8M |
| Series C, 6/08 DAG Ventures Benchmark Capital Sigma Partners Globespan Capital Partners | $15M |
oDesk enables both buyers and providers of tech services to build business relationships around the world. This is possible due to a “pay by the hour” service which eases the lives of providers and buyers of services. Managers can oversee a project and chart progress with ease, and providers can rest assured of their payment. oDesk is primarily funded by Benchmark Capital, Globespan Capital Partners, and Sigma Partners.
| Website | odesk.com |
| Blog | blog.odesk.com |
| Launch Date | November 19, 2004 |
| Tags | outsourcing |
oDesk makes it simple for two categories of people. It helps buyers of technology services to hire, manage and pay technology service providers from around the world. Buyers track their projects via webcams and direct access to timeslots and the work that their employees do, which enables them to manage almost as they would a local team.This kind of “on-demand” employment service is also a convenient alternative for workers in the technology industry. Employees search for work just as employers do, can track their payments and are in direct contact with their employers. oDesk seems to be an answer to many of the problems that users found with Elance. Both buyers and providers are given extensive information of the people they deal with, which includes a list of degrees and other certifications in addition to an independent reputation system and guesses as to rates of each individual.
