Peter Thiel's venture capital firm Valar Ventures has led a $10 million investment round in Lystable, an app for collaborating with freelancers, Lystable announced this morning. The round includes earlier investors such as Max Levchin’s fund SciFi VC, Kindred Capital and Goldcrest Capital, as well as new backers Glynn Capital Management and Wilmont Ventures. “We are growing rapidly,” says Peter Johnston, founder and CEO, a former designer at Google and alum of the prestigious Techstars accelerator. Target clients are companies in the media and tech sector that rely heavily on freelance talent, according to Johnston. LystableLystable is SciFi VC’s “first investment focused squarely on the freelance space,” said Eric Scott, partner in SciFi VC, based in San Francisco.

Source: Forbes March 23, 2017 10:07 UTC