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Jeremy Levine

OLX Series B

11 Apr, 2008

Bessemer joins General Catalyst, Founders Fund, and DN Capital, the same group of investors from the previous round, to provide $13.5 million in Series B funding. The company, which aims to become an international Craigslist, is popular in Spain, India, Portugal, Mexico, South America, China, and the Philippines, where it has a white label partnership with Friendster. It has a presence in 40 countries while supporting 15 languages, and has 92 employees working out of New York, Buenos Aires, Beijing, and Moscow.