Funding and Acquisitions Roundup:, the oDesk competitor founded by former oDesk employees, gets $4.5M to expand its freelance marketplace

By Editor March 26, 2013

Today’s early-stage startup funding and acquisitions news:


oDesk competitor has launched and announced the closing of a $4.5 million Series A funding round. The freelance marketplace, which was founded by former oDesk employees (numbers three and four, according to the company), actually secured the Series A in August of 2012 but waited until its launch to make the announcement. It was led by Globespan Capital with participation by Craig Sherman, former COO of, and Austin Ligon, co-founder of CarMax. Check out the company announcement for more details about the launch and funding.


Fanzy has pulled in $550K in new Seed funding for Facebook fans rewards platform. The startup previously raised $950K in its first Seed funding round. Investors in the new round are, Paolo Rubatto’s Start Capital, and OREFA. The company was founded in early 2011 and is based in San Francisco with an office in Paris. More on the funding from VentureBeat.


Plano, Texas-based Choose Energy has secured $4 million in Series A funding from Kleiner Perkins and Stephens Capital Partners. The company was founded in 2008 and focuses on helping consumers comparison shop for energy in deregulated markets and helping energy suppliers market their services. Here’s the company press release announcing the new funding.


GroundCntrl, an enterprise service that helps companies manage mobile workforces, has filed a $1.3+ million funding round with the SEC, according to VentureBeat. The Los Altos, California-based company, which was founded in 2010, was originally called ‘CommonDeeds.’

A couple of additional announcements from today…

Third Rock Ventures has announced the closing of a $516 million funding specifically for health care startups. More on the Boston-based VC’s new fund via the Boston Globe.

‘Predictive intelligence’ iPhone app Sherpa has landed $1.1 million in Seed funding (don’t confuse it with the Spanish-only Sherpa Beta Asistente Personal, which also raised Seed funding this week). Read more about the funding, via TechCrunch.

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