Fiverr was founded by Micha Kaufman and Shai Wininger, and was launched in February 2010. The founders came up with the concept of a marketplace that would provide a two-sided platform for people to buy and sell a variety of digital services typically offered by freelance contractors. Services offered on the site include writing, translation, graphic design, video editing and programming. Fiverr's services start at US$5 and can go up to thousands of dollars with Gig Extras. Each service offered is called a "Gig". The website was launched in early 2010 and by 2012 was hosting over 1.3 million Gigs. The website transaction volume has grown by 600% since 2011. Additionally, Fiverr.com has been ranked among the top 100 most popular sites in the The United States and top 200 in the world since the beginning of 2013 On June 1, 2010, Fiverr received a seed investment of US$1 million from Guy Gamzu and other angel investors, and in May 2012, Fiverr secured US$15 million
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