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	<title>Observer &#187; Michael Paolucci, RRE and DFJ Get In On $4 M. Solvate Round</title>
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		<title>Observer &#187; Michael Paolucci, RRE and DFJ Get In On $4 M. Solvate Round</title>
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		<title>Michael Paolucci, RRE and DFJ Get In On $4 M. Solvate Round</title>

		<comments>http://observer.com/2011/02/michael-paolucci-rre-and-dfj-get-in-on-4-m-solvate-round/#comments</comments>
		<pubDate>Tue, 15 Feb 2011 17:05:19 -0400</pubDate>
					<link>http://observer.com/2011/02/michael-paolucci-rre-and-dfj-get-in-on-4-m-solvate-round/</link>
			<dc:creator>Mike Taylor</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/solvate.jpg?w=300&h=261" />New York tech capital raise item! Today, we're treated to a $4 million Series B <a href="http://techcrunch.com/2011/02/15/solvate-raises-4-million-for-talent-search-engine/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29">funding round</a> for New York freelance outsourcing search directory <a href="http://www.solvate.com/ourtalent/#/">Solvate</a>. CEO Michael Paolucci is in on the fundraise, as are New York venture powerhouses RRE Ventures and DFJ Gotham.</p>
<p>Founded in 2007, Solvate offers a catalog of pre-screened freelance employees who work in a variety of industries. Mr. Paolucci has characterized his firm <a href="http://www.solvate.com/blog/2010/10/29/solvate-is-social-freelancing/">as follows</a>:</p>
<blockquote><p>We are becoming the intermediary between parties who are already related but don't have a clear path to work together. We've standardized the way to describe thousands of services people can perform, as well as a protocol for engagement between talent and clients for work. The mating ritual is governed by interfaces that make it safe, easy, and comfortable to work through the wire.</p>
</blockquote>
<p>By the way, for those interested in the provenance of quirky tech names, a solvate is "<a href="http://www.encyclopedia.com/doc/1O999-solvate.html">a more or less loosely bonded complex formed between a solvent and a dissolved species</a>," an appropriate enough metaphor for a scattered network of for-hire workers who dissolve their talents across a broad market, if you will.</p>
<p>mtaylor [at] observer.com | <a href="http://twitter.com/mbrookstaylor">@mbrookstaylor</a></p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/solvate.jpg?w=300&h=261" />New York tech capital raise item! Today, we're treated to a $4 million Series B <a href="http://techcrunch.com/2011/02/15/solvate-raises-4-million-for-talent-search-engine/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29">funding round</a> for New York freelance outsourcing search directory <a href="http://www.solvate.com/ourtalent/#/">Solvate</a>. CEO Michael Paolucci is in on the fundraise, as are New York venture powerhouses RRE Ventures and DFJ Gotham.</p>
<p>Founded in 2007, Solvate offers a catalog of pre-screened freelance employees who work in a variety of industries. Mr. Paolucci has characterized his firm <a href="http://www.solvate.com/blog/2010/10/29/solvate-is-social-freelancing/">as follows</a>:</p>
<blockquote><p>We are becoming the intermediary between parties who are already related but don't have a clear path to work together. We've standardized the way to describe thousands of services people can perform, as well as a protocol for engagement between talent and clients for work. The mating ritual is governed by interfaces that make it safe, easy, and comfortable to work through the wire.</p>
</blockquote>
<p>By the way, for those interested in the provenance of quirky tech names, a solvate is "<a href="http://www.encyclopedia.com/doc/1O999-solvate.html">a more or less loosely bonded complex formed between a solvent and a dissolved species</a>," an appropriate enough metaphor for a scattered network of for-hire workers who dissolve their talents across a broad market, if you will.</p>
<p>mtaylor [at] observer.com | <a href="http://twitter.com/mbrookstaylor">@mbrookstaylor</a></p>
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