WorkMarket
WorkMarket acquired by ADP

WorkMarket, the marketplace for managing contractors and freelancers, has been acquired by ADP, the payroll and human capital management company. The terms of the acquisition were not disclosed. “The WorkMarket team is thrilled to be joining ADP. We share the same vision of enabling companies and workers alike to navigate the changing labor marketplace with greater ease, and we look forward to offering our solutions to ADP’s vast client base” remarked Jeff Wald, cofounder and president of WorkMarket.
Investors in the acquired company: Spark Capital, SoftBank Capital, Foundry Group, Union Square Ventures, Industry Ventures
Total funding raised: $66M
Full coverage: WorkMarket Acquired by ADP

The AlleyWatch audience is driving progress and innovation at a global scale. Reaching more individuals in a single month than every other tech-focused organization in NYC combined, AlleyWatch is the highway for technology and entrepreneurship in New York. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.