134651 Resource 125364 126221 126221 1153348423272 1153364160124 Controlled HotGigs Secures $5.3 Million in Financing from Updata Partners Investment to Fuel HotGigs' Rapid Growth as the Leading On-Demand Staffing Exchange for Contract and Full-time Resources Updata Partners recently completed a $5.3 million Series A round of financing with&nbsp;<a title="HotGigs" href="http://www.hotgigs.com/" target="_blank">HotGigs</a>, the only On-Demand Staffing Exchange for both contract and full-time resources.&nbsp;&nbsp;This marks the first round of outside equity funding for HotGigs, a company that is rapidly gaining prominence for its powerful business-to-business Staffing Exchange and related Software as a Service (SaaS) offerings. HotGigs will use the funding to expand its management team; scale its employee base; develop new product/service offerings; and launch significant national sales, support and marketing efforts.&nbsp; Commensurate with the funding Rich Erickson and Conor Mullett have joined HotGig's board of directors.<br /> 9 application/xml false HotGigs on-demand staffing exchange technology venture capital Updata Partners Updata Partners Portfolio Companies High-growth IT companies enabling market-leading solutions http://www.updatapartners.com/interior_portfoliocompanies.asp Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.1; SV1; .NET CLR 1.1.4322) 127.0.0.1 127.0.0.1 rdvorak false true false false true 174197 false false true false false false true 125364 blog blogsite/Updata/web