Austrialian online freelance job platform Freelancer.com has acquired its Spanish competitor, Nubelo. Terms of the deal were undisclosed.
Freelancer.com says the acquisition places it "as the dominant leader in the Latin American, Spanish and Portuguese markets, leaving remaining competitors far behind."
Nubelo was founded in 2012 by Spanish entrepreneur Francesc Font, and Argentinean twin brothers Nicolas and Jorge Araujo Muller. Headquartered in Barcelona, and venture financed by Caixa Capital Risc, Nero Ventures, South Ventures, Start-Up Chile, Cabiedes & Partners, Mountain Nazca & South Ventures, Nubelo grew to become the largest Spanish-language freelance marketplace after Freelancer.com, with 50 employees across offices in Barcelona, Buenos Aires, Bogotá and San Pablo, Brazil.
Freelancer.com has also acquired Brazilian freelance jobs portal Prolancer, a regional leader in Portuguese-speaking markets. The platform has more than 1.8 million active users, who have participated in more than 502,000 projects.
Both platforms will be incorporated into Freelancer.com.
According to a report in Spanish news site Web Capital Reisgo, Nubelo's team will continue its operations through the creation of a spin-off dedicated to the management of digital talent.
Read more: Webcapitalriesgo (Spanish) Freelancer (press release)
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