F|R Interview: 2 Founders, 2 Careers’ Worth of Funding Tips
, Sunday, July 6, 2008 Comments (0)
Founders Gary Swart and Stephen Pieraldi presided over the Venture Capital and Seed Financing Workshop at GigaOM’s recent Structure 08 conference . This week, the pair sat down with Found|READ to share additional lessons from their careers in fundraising.
Swart is CEO of oDesk, a staffing platform that lets companies hire and manage their global talent virtually. Previously he co-founded Intellibank, which he described as “an ill-fated XRM startup that taught me many lessons, most significantly the importance of focus and product-market fit.” oDesk was seed-funded by its founders and angel Ron Conway. Since Swart joined in 2005, oDesk has raised $29 million in three venture capital rounds.

Stephen Pieraldi is the founder of Iforem, which offers e-escrow services so companies can store their digital assets, in perpetuity. This is his second stint as a founder, and his seventh startup overall. Iforem was seed-funded with $2 million by Gabriel Venture Partners, where Pieraldi is an EIR. Continue Reading

