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TaskUs Takes $250M From Blackstone

socalTECH

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M.

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TaskUs Takes $15M In Funding

socalTECH

Santa Monica-based TaskUs , the startup led by Bryce Maddock which is the secret weapon behind the rising tide of on-demand and Internet startups, has raised $15M in a funding round, the company disclosed today. The funding came from Phillipnes-based private equity investor Navegar.

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TaskUs Expands In New Mexico

socalTECH

Santa Monica-based business process outsourcing provider TaskUs says it is expanding its operations again, this time, in Albuquerque, New Mexico. TaskUs just raised a giant, $250M funding round from private equity investor Blackstone Group. TaskUs says it will invest $9M in a new downtown location in Albuquerque.

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HandsOn3 Buys BancTec

socalTECH

Santa Monica-based buyout fund HandsOn3 said Thursday that it has acquired BancTec , a business process outsourcing (BPO) company based in Dallas, Texas. banctec handson3 buyout private equity merger acquisition business process outsourcing dataforce group' Financial terms of the buy were not disclosed.

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Why The Growth Of The Internet Is Driving EdgeCast's Revenues

socalTECH

What is it about the content delivery network market which has enabled Santa Monica-based EdgeCast to go from startup to over $100M in revenues in only a few, short years? Instead, they outsource to an expert like Edegcast. We're privately funded today, with some equity from Menlo Ventures and Steamboat Ventures.

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