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eLance, Inc. (www.elance.com) is the leading professional services marketplace and end-to-end platform for web-based outsourcing solutions used by businesses worldwide. Businesses can tap into a highly qualified pool of professional talent to get a wide range of projects completed online- including software development, web design and development, creative services, graphic design, translation services, copywriting and more. eLance provides a highly liquid marketplace with a broad selection of professional service providers, online collaboration tools, global billing and payment capabilities, and a quality assurance system designed to maintain the high standards for which the company is known. As a global company with 40 percent of transactions occurring cross-borders, over 250,000 businesses and individuals from more than 160 countries are registered to conduct work via the eLance network. eLance has built alliances with industry leaders across a range of business sectors including: Intuit, Cnet, Sun Microsystems, Oracle Technology Network, , Corel, Macromedia, IBM, Novell, NetObjects, Lycos Asia, Virgin, and more. A privately held company, eLance has attracted over $65 million to date from investors including Kleiner Perkins Caufield & Byers, Pequot Capital Management, Citigroup, Integral Capital Partners, and Charter Venture Group. Outside directors include John Doerr and Joe Lacob from KPCB, Ram Shriram former VP of business development at amazon.com, and Lawrence D. Lenihan, Jr. from Pequot Capital Management.