oDesk

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Website: http://www.odesk.com/

Blog: http://blog.odesk.com/

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.

Address: 4200 Bohannon Drive #100 Menlo Park, CA 94025 Map it »

Phone: 650-853-4100

Founded: 2002

Industry: Business Internet

Sub-Industry: Other Business Internet

Ownership: Private

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Board of Directors

Date	Type	Capital Amount	Post-Money Valuation	Investors
04/2006	Series A	6M	Unknown	Globespan Ventures, Sigma Partners
09/2006	Series B	8M	Unknown	Benchmark Capital, Globespan Ventures, Sigma Partners
06/2008	Series C	15M	Unknown	DAG Ventures, Benchmark Capital, Globespan Capital Partners, Sigma Partners

Name:	oDesk
Product URL:	http://www.odesk.com/
Description:	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.
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Last Edit:

09/10/2008 02:42AM by TradeVibes

History:

v15 > v14 > v13 > v12 > v11 > v10 > v9 > v8 > v7 | See all versions

User Opinions

Bullish Opinions (4)	Author/Date
Good market solution Add Comment	bocafoos 04/24/2008	100% 4 votes 4 0% 0
Great market, nice execution. I would be surprised not to see this grow. Add Comment	pwittmann 04/22/2008	100% 5 votes 5 0% 0
Leading technology for this market segment Add Comment	rmowery 04/21/2008	83% 6 votes 5 17% 1
They have been steadily gaining more users Add Comment	charlie 04/21/2008	100% 6 votes 6 0% 0

Show all Bullish Opinions

Bearish Opinions (3)	Author/Date
Requires software download, activity monitoring - invasive for service providers Add Comment	kenny 06/30/2008	50% 2 votes 1 50% 1
Seems there are some complaints about their dispute services Add Comment	green33 06/17/2008	100% 1 vote 1 0% 0
There are lots of competitors offering similar services Add Comment	steve 06/04/2008	67% 3 votes 2 33% 1