Freelance marketplace Elance secures $16M in funding

Elance, a freelance marketplace that connects clients and freelancers, announced Tuesday it has raised $16 million in funding. Stripes Group led the funding, with participation from New Enterprise Associates and Kleiner Perkins Caufield & Byers.

CrowdFlower raises $7M to crowd-source freelance work

Crowdflower, a firm that specializes in crowd-sourcing freelance workers and making it easy for companies to quickly find freelance programmers and other types of professionals, announced today that it has raised $7 million in its second round of funding led by Harmony Partners.