Gigster Raises $20M in Series B Funding

Gigster, a San Francisco, CA-based smart software development service that combines top developers and designers with automation tools, raised $20m in Series B financing.

The round was led by Redpoint Ventures with participation from existing investors Andreessen Horowitz, Y Combinator and Ashton Kutcher and Guy Oseary’s Sound Ventures, Marc Benioff, Adam D’Angelo and basketball legend Michael Jordan. In conjunction with the funding, Redpoint Ventures partner Ryan Sarver is joining Gigster’s board of directors.

The company, which has raised over $32.5m in financing, intends to use the capital to further expand its ability to serve enterprise and mid-market businesses and to hire over 100 new employees over the next year.

Founded in 2014 by Roger Dickey and Debo Olaosebikan, Gigster provides a full-service project management platform for the enterprise. The company has developed a series of tools that use automation and artificial intelligence to make the traditionally complex process of software development more efficient and reliable. By using data to capture patterns, Gigster can accurately identify issues and mitigate them before they impact project output and the delivery timeframe. These tools also enable Gigster to identify which developers are best suited for each job, leverage past development frameworks to guide new software projects, and estimate the time and cost of a project. Its network of freelance software developers, engineers, designers and product managers provides Fortune 500 companies and enterprise clients with access to top technical talent from universities such as MIT, Stanford and Caltech, and companies including Google, Facebook and Tesla.

The company currently serves enterprise clients across verticals, including financial services (Fidelity, MasterCard, Square, U.S. Bank), travel and hospitality (Wyndham, OpenTable), manufacturing (Airbus) and consumer (PepsiCo).



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