[ CloudFactory raises $7.3M in Series B ]
CloudFactory has raised $7.3 million in Series B funding.
Founded in 2010, Cloudfactory is a distributed workforce company for automating business processes involving large volumes of data entry, collection or processing. The work is broken down into microtasks that are completed along “virtual assembly lines” by CloudFactory’s global, on-demand workforce.
The company will use the new financing to hire for a variety of strategic positions, and invest further into R&D.
|Founder / CEO||Mark Sears|
|Investors||Dolma Impact Fund|
|The Social Entrepreneurs Fund|
|Previous Investors||Rockefeller Foundation|