Welcome!

News Feed Item

Freelancer.com acquires vWorker (formerly RentACoder.com)

Freelancer.com acquires the world's fourth largest outsourcing marketplace by volume and second largest by users with 2.5 million users, 1.3 million projects and US$139 million in turnover to date.

TAMPA, Fla., Nov. 19, 2012 /PRNewswire/ -- Freelancer.com, the world's largest freelancing marketplace, today announced the acquisition of vWorker, the fourth largest marketplace globally.

(Logo:  http://photos.prnewswire.com/prnh/20120709/NY36516LOGO )

Headquartered in Tampa, Florida, vWorker has over 2.5 million enterprise and professional users from around the world, who have been paid over US$139 million through the site from 1.3 million projects. Founded by Ian Ippolito in 2001 originally as Rent A Coder, the marketplace was one of the earliest companies of its kind in the world. It rapidly developed an exceptional reputation for attracting quality programmers and grew at an astonishing pace. From 2007 to 2010 RentaCoder.com was named by Inc. magazine as one of the 5000 fastest growing private companies in the USA. In 2010, Entrepreneur Magazine called Rent A Coder "one of the hundred smartest, most innovative, hands-down brilliant companies on our radar."

Originally focusing on programming and IT-based work, in 2010 the site expanded to include a wide selection of work categories including graphic design, writing and more. To reflect this expansion, the company changed its name to vWorker - short for "virtual worker".

A true innovator in the space, vWorker was the first company to introduce the trialsourcing model and one of the first innovators in crowdsourcing and time tracking technology.

With a huge pool of 2.5 million professionals spanning the globe, the acquisition of vWorker represents a massive boost to Freelancer.com's already market-leading user-base of 4.4 million professionals. This undisputedly affirms Freelancer.com as the largest marketplace globally with 6.6 million users, greater than the combined user population of its two nearest competitors. Combined with Freelancer's 2.7 million projects to date, the marketplaces have completed 4 million projects as the largest online freelance economy in the world by far.

"I am immensely pleased to announce the acquisition of vWorker, which has the absolute best reputation in the industry for sourcing the finest programmers," said Matt Barrie, Chief Executive of Freelancer.com. "Through Ian's incredible leadership over the last 12 years, vWorker was a pioneer in the development of many technologies and processes that the industry today takes for granted."

Ian Ippolito, Chief Executive and Founder of Exhedra Solutions, Inc. (owner of vWorker), said, "We're elated to be joining forces with the global leader in the space. Our highly skilled freelancers will now be able to increase their earnings potential by accessing more projects, and our employers will be able to tap into a larger and more diversified skill base to get things done."

Today, small businesses are able to hire freelancers for projects in 600 skill categories which today are in areas as mainstream as Website Design, Graphic Design, Copywriting and SEO; but are also as diverse as Astrophysics, Aerospace Engineering, Genetic Engineering, Biotechnology, Manufacturing and Industrial Design.

Freelancer.com is also the global leader in web traffic for the industry, currently ranking at #412, according to Alexa. Freelancer enjoys a cult following in some countries, regularly ranking in the top 20, 50 or 100 websites in countries like Bangladesh, Pakistan and India, where freelancing is the vanguard of an economic revolution sweeping the developing world as the Internet connects the rest of the world's population together. Freelancer today has 22 regional marketplaces, allowing transactions in 15 currencies and is available in 10 languages, with a 24x7x365 support team that speaks English, German, French, Spanish, Dutch, Filipino and Indonesian.

Freelancer.com has aggressively consolidated the online outsourcing industry since May 2009 when the company was started by Australian and BRW Entrepreneur of the Year Matt Barrie. The company's acquisition of vWorker (United States), adds to a list that includes GetAFreelancer (Sweden), Scriptlance (Canada), LimeExchange (United States), Freelancer.co.uk (United Kingdom), Freelancer.de Booking Center (Germany), Freelancer.com.au (Australia) and Freelancer Hong Kong (China), together with the Freemarket.com virtual content marketplace (United States) and the Webmaster Talk (United States) forums.

The terms of the acquisition were undisclosed.

For more details, please go to http://www.freelancer.com.

About Freelancer

Webby award-winning Freelancer.com is the largest outsourcing and crowdsourcing marketplace in the world. Through Freelancer.com, entrepreneurs and businesses connect with 6.6 million professionals from all over the world. Employers can hire freelancers in areas such as software, writing, data entry and design, right through to engineering and the sciences, sales & marketing and accounting & legal services. The average job is under US$200, making Freelancer.com extremely cost effective for small businesses, which often need a wide variety of jobs to be done, but cannot justify the expense of hiring full time.

SOURCE Freelancer.com

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, will discuss new ways of thinking and the approaches needed to address the emerging challenges of securit...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
When building large, cloud-based applications that operate at a high scale, it’s important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. “Fly two mistakes high” is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Lee A...
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet and...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...