Shiftgig, the US-based operator of a mobile short-term employment marketplace, closed a $22m series B round led by social media company Renren yesterday.
China-based Renren was joined by Chicago Ventures, DRW Venture Capital, GGV Capital, Garland Capital Group, KGC Capital, Pritzker Group, Wicklow Capital, Fabrice Grinda and Sam Yagan.
Shiftgig’s marketplace enables users to access temp jobs on their mobile devices. It will use the funding to continue its North American expansion and invest in sales, marketing, technology and operations.
The company previously raised $3m from I2A Fund, Firestarter Fund and Red Barn Investments in 2012, before adding $10m in series A funding from Garland Funds, KGC Capital, Chicago Ventures, DRW Ventures, Firestarter Fund and Corazon Capital in November 2014.