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January 24, 2012 05:29 pm GMT

Online Job Marketplace Elance Raises $16M From Kleiner Perkins, NEA And The Stripes Group

elanceOnline job marketplaceElance has raised $16 million in new capital led by the Stripes Group with existing investors, New Enterprise Associates and Kleiner Perkins Caufield & Byers participating. Elance is a service that allows for companies and individuals to hire and pay independent professionals and contractors online and in the cloud. Elance provides companies with the tools to hire, view work as it progresses and pay for results, replacing traditional outsourcing outlets.

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