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
SYS-CON Events announced today the How to Create Angular 2 Clients for the Cloud Workshop, being held June 7, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified. Now it’s a component-based well-performing framework. The immersive one-day workshop led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
In his session at 18th Cloud Expo, Andrew Cole, Director of Solutions Engineering at Peak 10, will discuss how the newest technology advances are reducing the cost and complexity of traditional business continuity and disaster recovery solutions. Attendees will: Learn why having a full disaster recovery strategy is more important now than ever before Explore the key drivers of a successful disaster recovery solution Achieve measurable operational and business value from a disaster recovery ...
How will your company move to the cloud while ensuring a solid security posture? Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is ...
SYS-CON Events announced today that Hanu Software will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Leveraging best-in-class people, processes, and technologies, Hanu provides high-quality, high-value software development and business process outsourcing services to independent software vendors (ISVs) and enterprises.
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
The initial debate is over: Any enterprise with a serious commitment to IT is migrating to the cloud. But things are not so simple. There is a complex mix of on-premises, colocated, and public-cloud deployments. In this power panel at 18th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists will look at the present state of cloud from the C-level view, and how great companies and rock star executives can use cloud computing to meet their most ambitious and disruptive business ...
SYS-CON Events announced today that MobiDev will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobile software company with over 200 develope...
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.