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Venture Capital News: Gigster Raises $10M in Series A

2015-12-07
SAN FRANCISCO, CA, On-demand software development and design provider, today announced a $10 million Series A funding round led by Andreessen Horowitz.
Gigster, the on-demand software development and design provider, today announced a $10 million Series A funding round led by Andreessen Horowitz with participation from Y Combinator Continuity Fund I, Ron Conway of SV Angel, Ashton Kutcher of Sound Ventures and Jason Calacanis of Launch Fund. Andreessen Horowitz Partner and former SuccessFactors CEO Lars Dalgaard will join Gigster's Board of Directors.

Gigster offers on-demand software development and design for enterprises and startups of all sizes. With Gigster, customers can click a button, chat with a product manager, get a fixed-price quote, and hire a top-tier development team within minutes. Working with Gigster is a seamless experience that grants access to engineering talent that is otherwise very difficult to reach and can consume an enormous amount of an organization's resources.

Built with the developer in mind, Gigster boasts top engineering talent trained at universities such as MIT, Stanford, and Caltech and with work experience at tech titans like Google, Facebook, and Pinterest. The company's founders, Roger Dickey and Debo Olaosebikan, both long-time developers, had both experienced first-hand the pain of working with development shops and agencies, and wanted to build the best experience for the developer, knowing this would in turn, create the best experience and product for the customer.

'Software development that requires continuous recruiting and months of development time writing code from scratch is slow and costly, and not necessarily a consistent internal need of all startups or large enterprises,' said Roger Dickey, CEO of Gigster. 'Hiring talented engineers is hard - so don't. Instead, let Gigster be your engineering department.'

This Series A financing comes at a critical period of explosive growth at Gigster, where investing in its core technology and market position is key to cementing its vision to become the world's engineering department. Gigster is working on building a higher level language for software. Every project it works on feeds back into a central brain that uses AI and machine learning to optimize efficiency, resulting in both shorter project turnaround times and lower costs for customers.

'Gigster is filling an important, unmet need in today's digital world,' said Lars Dalgaard, Partner at Andreessen Horowitz and new Gigster board member. 'We see so many startups and companies wasting resources on hiring developers and unnecessarily scaling just to build prototypes, when they should be able to build them with the click of a button. Now with Gigster, they can do that.'

About Gigster
Gigster is on-demand software development and design and the easiest way to access elite developers, designers, and product managers. Within minutes, users can get a fixed price quote and a team of top-tier talent. For more information, go to www.gigster.com.
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