OLX raises $13,500,000

OLX Inc., a next-generation, free local online-classifieds site operating in more than 40 Countries and 15 languages, today announced that it has closed a $13.5 million Series B financing round.  OLX provides a simple solution to the complications involved in selling, buying, trading, discussing, organizing, and meeting people near you, wherever you may reside. OLX is used in over 40 countries in 15 languages. The company was co-founded in March 2006 by Internet entrepreneurs Fabrice Grinda and Alec Oxenford. OLX is privately held. The company is based in New York, NY and Buenos Aires, Argentina.