Tuesday, October 23, 2012

CrowdSource raises $12.5M from Highland Capital to help businesses use scalable labor

22nd October 2012 by KEN YEUNG thenextweb.com

CrowdSource, the enterprise-level service that helps business accomplish tasks at scale, has just raised $12.5 million from Highland Capital in its Series A round of funding. With more than 200 customers, it caters towards medium-to-large companies that have business problems that recur at scale. With this new infusion of cash, it will further grow the team and expand to other verticals, while also improving its product.

Launched last summer, CrowdSource has amassed 500,000 workers in its database to help businesses complete labor-intensive tasks. But unlike a typical temp agency, it specializes in specific areas like with online retailers and publishing companies dealing with lots of scalable work.

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