---
title: SaaP Platform Fiverr Preps for Future Growth
description: The Gig economy got another virtual shot in the arm, as services-as-a-product (SaaP) pla
image: https://www.websitemagazine.com/hubfs/Imported_Blog_Media/gradient-regular-logo-mark-Jan-23-2023-02-24-40-5303-PM-Apr-10-2023-01-48-07-3351-PM-3-2.png
---

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# SaaP Platform Fiverr Preps for Future Growth

![Peter Devereaux](https://www.websitemagazine.com/hubfs/Peter_Devereaux.png)

[by Peter Devereaux](https://www.websitemagazine.com/software/author/peter-devereaux) 11 Aug, 2014

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**The "Gig" economy got another virtual shot in the arm, as services-as-a-product (SaaP) platform Fiverr released a newly updated version (3.0) and announced it raised $30 million in new funding to fuel its future growth.**

 Fiverr announced Series C funding from Bessemer Venture Partners, Accel Partners and Qumra Capital (as well as other private investors).

 "By 2020 the number of independent workers is predicted to double, with online freelancing increasing at an even faster rate," says Fiverr Co-Founder and CEO Micha Kaufman. "The landscape of opportunity far exceeds the current playing field. This funding is an affirmation of the brand resonance and trust we have established in this multi-billion dollar market of opportunity."  

 While few will argue that the future of freelancing is through sites like Fiverr, the platform needs to evolve to remain relevant. And that's just what it's doing. Beginning today and starting with 10 categories (coming to all categories in the coming weeks) Fiverr 3.0 allows buyers to customize their search for their own specific needs. For example, in the case of a voice-over, buyers will be able to sort by criteria including whether the seller is top-rated, along with gender, accent and region.

 "One of the many reasons Fiverr is so exciting is that it is the only service-based marketplace modeled on ecommerce platforms," says Adam Fisher, Partner at Bessemer Venture Partners. "Like eBay and Amazon, customers simply browse, search, and buy, selecting from more than 100 categories and millions of services. It's as easy as buying a book online. Why hire someone to do something that is done thousands of times a day for a pricey sum and an unknown delivery date when you can order for next day delivery on Fiverr?"

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[Peter Devereaux](https://www.websitemagazine.com/software/author/peter-devereaux)

As the Editor-in-Chief of Website Magazine and President of Website Services, Peter has established himself as a prominent figure in the digital marketing industry. With a wealth of experience and knowledge, Peter has been a driving force in shaping the landscape of digital marketing. His leadership in creating innovative and targeted marketing campaigns has helped numerous businesses achieve their revenue growth goals. Under his direction, Website Magazine has become a trusted source of information and insights for digital marketers worldwide. As President of Website Services, Peter oversees a team of talented professionals who specialize in SEO/SEM, email marketing, social media, and digital advertising. Through his hands-on approach, he ensures that his team delivers exceptional results to their clients. With a passion for digital marketing, Peter is committed to staying up-to-date with the latest industry trends and technologies, making him a sought-after thought leader in the field.

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