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Scripted.com Raises Additional $150k, Adds DJ Patil and Matt Mickiewicz to Advisory BoardSan Francisco-Based Freelance Writer Network Increases Seed Financing, Adds Former LinkedIn Chief Scientist and 99designs Co-Founder to Advisory Board (February 15, 2012)
SAN FRANCISCO, CA -- (Marketwire) -- 02/15/12 -- Scripted.com, a marketplace for freelance writers and small businesses to connect, today announced the company has added an additional $150,000 in seed financing led by David Wu -- Former Redpoint Ventures Executive-in-Residence. Scripted total seed financing is now $850,000. Additionally, the company added LinkedIn's former Chief Scientist and Greylock Data Scientist-in-Residence DJ Patil and 99designs Co-Founder Matt Mickiewicz to its advisory board.
Scripted.com has access to more than 80,000 freelance writers, and sells content, such as blog posts, to businesses at a flat rate. Scripted adds 50 new freelance writers daily, and the company has 500 paying customers, ranging from startups to public companies.
"We are very serious about building the best marketplace for businesses to hire writers -- part of that is having the best team in place," said Sunil Rajaraman, CEO and Co-Founder of Scripted. "DJ will help us hone our ability to match the right writers to businesses and Matt will help us build out demand generation. Both DJ and Matt are the best at what they do, and we are excited to have them officially on board."
"The Scripted team built significant traction in a very short amount of time," said David Wu, Angel Investor, and former Executive-in-Residence at Redpoint Ventures. "Scripted took the right approach of building out one side of the marketplace successfully, and will continue to see significant customer growth over the next year."
Scripted.com recently re-launched its site, and is building out algorithms to find the best writers and match businesses to writers. Scripted's main objective over the next year is to automate the vetting and fulfillment process so the company can scale, and meet the high demand for its services.
Scripted's other investors include Crosslink Capital, Shopzilla CIO Jody Mulkey and Liveops Founder Douglas Feirstein.
Founded in 2011, Scripted.com is a marketplace for freelance writers. Scripted.com has a base of more than 80,000 writers located in every state in the U.S. as well as more than 50 nations around the world, fluent in multiple languages. Scripted vets writers across multiple criteria and facilitates the purchase of blog posts and social media posts for businesses. Scripted adds a new writer to its user-base every 20 minutes. Scripted was launched as a subsidiary of Scripped.com (founded in 2008), the largest screenwriter community on the Internet. Scripped.com is a screenwriting software provider that crowdsources screenplays for producers, including, Edward Burns, Steven de Souza (writer of Die Hard and 48 Hours), and multiple producers from Viacom. As Scripped's user-base grew, so did demand for non-entertainment industry content, which led to the creation of Scripted.
Madison Alexander PR
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