April 6, 2016
Toptal, the leading network of elite freelance software developers, has recently announced the acquisition of Skillbridge, the innovative platform in the on-demand business talent space, for a sum that has not been revealed. This acquisition will surely impact the freelance market, as the combined entity is now the world’s largest network for top freelance developers, designers, and business professionals.
The new entity Toptal Business leverages Toptal’s already robust platform to quickly expand its network of talent and scale its product offerings, leaving the company with the top 3 percent of freelance developers, designers, and business professionals and connecting them with companies around the globe.
Taso Du Val, co-founder and CEO of Toptal, had his saying on this acquisition:
“Companies are increasingly looking for expertise within the rapidly-growing on-demand business talent segment, and Skillbridge gives us the experience and knowledge to win in the space alongside our technology. After evaluating the landscape, they were clearly the most disruptive player – not only attracting and retaining the best talent from the likes of McKinsey, Wharton and Google – but also consistently delivering high success rates and repeat usage.
Skillbridge’s expertise merged with Toptal’s extreme technological edge will allow us to continue our growth and dominance in the talent marketplace sector.”
Skillbridge is the leading online platform for elite business freelancers and, in the last two years, the company has grown to over 7,500 screened freelance professionals. Their proprietary matching technology Talent Dynamics shortens the start of projects from weeks to days, offering unparalleled reliability as well.
With Skillbridge, businesses can quickly hire top consultants, accountants, statisticians and other trusted specialists in areas such as Market Research, Financial Modeling, and Due Diligence. Here is what Skillbridge’s co-founders had to say on this move:
“Toptal has the most advanced platform for hiring the best freelance developers and designers – and rather than focusing blindly on volume, we are both relentless about delivering elite quality, reliability, and amazing service,” said Skillbridge cofounder and CEO Raj Jeyakumar.
“Combining the two businesses, our learnings and resources allow us to bring a truly world-class offering in the talent marketplace,” added cofounder and CTO Saalim Chowdhury.
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