New York - OLX, a provider of free online classifieds in the U.S. and abroad, has raised $13.5 million in its second round of venture capital financing, PEHub.com reported.

Investors included General Catalyst Partners, Bessemer Venture Partners, Founders Fund and DN Capital.

New York-based OLX was co-founded in 2006 by Fabrice Grinda, founder of ringtone firm Zingy, and DeRemate founder Alec Oxenford.

The company also has offices in Buenos Aires, and its Craigslist-like service is available in 42 countries and 12 languages.

Related Links:
http://www.pehub.com/article/articledetail.php?articlepostid=11436

http://www.olx.com