Fiverr, a NYC-based freelance services marketplace, raised $60m in funding.
The round was led by Square Peg Capital with participation from existing backers Bessemer Venture Partners, Accel Partners and Qumra Capital.
The company, which has raised $110m in total, will use the new funds to increase adoption among freelancers and to continue to roll out new services and packages throughout 2016.
Founded in 2010 and led by Micha Kaufman, CEO, Fiverr a marketplace for digital services which allows buyers to choose from a large catalog of pre-packaged services ranging from graphic design to music/video editing to marketing and copywriting. Sellers have delivered millions of Gigs from 100+ categories of services, and across 196 countries.
The company, which has offices in New York City, Chicago, Miami and Tel Aviv, announced that all freelancers on the site will soon be free to set their own prices rather than be required to start them at $5.