• ReadyForce Raises $12.2 Million For On-Demand Labor Marketplace

    Leena Rao

    Leena Rao is currently a Senior Editor for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

    Monday, March 29th, 2010

    Under the radar startup ReadyForce has raised $12.2 million in funding from Menlo Ventures, U.S. Venture Partners, Founder Collective and other investors.

    The startup seems to still be under wraps according to its website, which is pretty bare. We do know that ReadyForce was founded by Bill Trenchard, former CEO of LiveOps, and is developing “applications that will create a virtual marketplace for on-demand labor.”

    As the former CEO of LiveOps, serial entrepreneur Trenchard has considerable experience managing labor in the cloud. LiveOps allows businesses to outsource call centers and an on-demand workforce to the cloud. Prior to his time at LiveOps, Trenchard was co-founder and CEO of call routing technology company CallCast, which merged with LiveOps in 2003. Prior to CallCast, Bill was a managing director at Idealab and also founded and served as CEO of Jump Networks, Inc., which was acquired by Microsoft in April 1999. Trenchard is also a founding partner of Founder Collective.

    Company: ReadyForce
    Website: readyforce.com
    Launch Date: 2010
    Funding: $12.2M

    Readyforce’s vision is to build an online environment focused on helping college students launch their careers. Readyforce will provide access to companies that are not participating in traditional campus recruiting and job boards, innovative ways to leverage their existing social and professional networks, and resources to educate and explore career options. Our first student-oriented product, The Common Job Application, is designed to connect students from top colleges around the country to fast growing startups and technology companies. Students...

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