German freelance marketplace clickworker.com plans further UK expansion following a €4.25 million (£3.7 million) Series B round of financing.
German freelance marketplace clickworker.com plans further UK expansion following a €4.25 million (£3.7 million) Series B round of financing.
Private investor Klaus Wecken, along with High-Tech Grunderfonds (HTGF), Corporate Finance Partners and KfW Bankengruppe led the investment round for the company, which describes itself as a crowdsourcing provider of business services.
According to a company statement, the finance will fund further expansion, development and growth of clickworker.com in the UK, the US and the rest of Europe.
Founded in Germany in 2006 and operating in the UK since June 2010, clickworker.com enables businesses to outsource small business projects through a website. The majority of the work is internet-related, particularly content creation, search engine optimisation, translation, web research, photo tagging, and surveys.
clickworker.com Europe chief executive Wolfgang Kitza says there has been strong interest in the UK in the past year, adding members have grown from 112 in June last year to 3,000 currently.
‘Our established investors continue to see promise not only in our company, but also in the rapidly expanding crowdsourcing space,’ he says. ‘This industry growth is a result of customers which range from large corporations to resource-constrained start-ups.’
