Crosslink Capital, Inc. (“Crosslink”) was recently informed that someone or an organization has been impersonating it and one or more of its employees on the mobile application WhatsApp.
Crosslink does not market its services and Crosslink and its employees do not provide investment advice through WhatsApp or any similar social media messaging application, and anyone who does so purporting to act in Crosslink’s name or the name of any of its employees is not in any way connected to Crosslink or Crosslink Capital Management, LLC. Crosslink employees provide investment advice only through Crosslink. Crosslink provides investment advice only to investment funds or clients, in each case, with whom it has entered into a written contract. Crosslink does not provide investment or other advice to non-clients.
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February 04, 2022
MINNEAPOLIS, Feb. 3, 2022 /PRNewswire/ — Yardstik, a technology company offering screening, verification, and training solutions tailored to gig marketplaces and SaaS platforms, today announced that it raised $8 million in Series A funding led by Grotech Ventures with participation from Great North Ventures and continued funding from existing investors Rally Ventures and Crosslink Capital.
Yardstik has enjoyed early success, in part, due to its platform delivering unique value across two rapidly growing market segments. The gig economy continues to expand, with the number of freelance workers increasing by 38% in 2021, and on-demand service marketplaces find themselves having to adapt quickly. Meanwhile, the software as a service (SaaS) market share grew by 16.3% in 2020 to reach $105.6 billion, inspiring providers to look for opportunities to add value-add services to their platforms in increasingly competitive markets.
“These markets are absolutely ripe for innovation,” said Matt Meents, CEO and Co-founder of Yardstik. “Our customers are on the front lines and recognizing opportunities to do things differently, better, and to redefine the status quo. It’s exciting to play a role in that.”
Yardstik’s modular screening, verification, and training solution sets—combined with its white-labeled integration options and operating models to support customer growth—have gotten the attention of buyers across both of these booming categories. Its customers see an opportunity to create competitive advantages through solutions and services beyond what a traditional background check provider can deliver. Read rest here.