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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.

Outsource 100
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How TaskUs Is Powering LA's Technology Startup Boom

socalTECH

It''s all over the map, from content moderation for applications like Whisper and Tinder, to photo retouching for e-commerce websites. I had worked a year in investment banking, and Jasper was out of USC. We''d gone to high school together in Santa Monica, and we were both very entrepreneurial in high school.

Startup 231
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Interview With Brian McCarthy, Dentistry.com

socalTECH

To their credit, they were able to carve out an investment so we could develop this. At the end of the 90's, I had the opportunity to launch Bugleboy.com, an e-commerce enabled site, which we launched a week fore Gap.com. You have to understand, in a public company, there are earnings, and all these trapping of being a public company.

Startup 113