• 22 Apr 2015

    Payoneer Global Survey of 23,000 Freelancers Compares Billing Rates and Profiles of Freelance Talent in Today’s Borderless World

    New study from cross-border payments company Payoneer breaks down average billing rates of freelancers in more than 180 countries based on experience, industry, gender, education and more. Resourcefulness, talent and hard work shown to matter more than gender or where professionals are located.

    Payoneer Inc., a leading global payments company empowering professionals and businesses to pay and get paid globally as easily as they do locally, today released the results of its Freelancer Income Survey 2015. In one of the most comprehensive studies of its kind, Payoneer surveyed more than 23,000 freelancers worldwide to determine average billing rates based on factors including experience, gender and skills. The findings enable skilled professionals to compare average hourly rates to industry peers, better understand what drives competition and find new ways to increase income and also provide a useful guide for businesses to determine competitive pay rates for freelancers.

    The Payoneer Freelancer Income Survey 2015 includes data from respondents in 180 countries across six continents, offering freelancers in both developed and emerging markets a better understanding of the vast opportunities available to them. The average global hourly billing rate of about $21 is significantly higher than the average wages in most of the countries included in the survey.

    “There’s an obvious appeal to freelancing – businesses worldwide can tap into a larger and more diverse talent pool than ever before, and it enables freelancers and service providers to secure work with international companies in ways that were previously unavailable to them,” said Scott Galit, CEO at Payoneer. “Freelancing offers smart, talented, hardworking professionals and business owners in emerging economies such as Argentina, Bangladesh, India, the Philippines and Serbia a major breakthrough in job prospects and earning potential that they would have never thought possible a few years ago. There has traditionally been very little standardization and transparency when it comes to freelancing rates, so we wanted to provide a resource that would provide a benchmark for the freelancing landscape globally.”

    The survey also measured education levels for global freelancers finding that a higher level of education mattered less in determining fees than experience and skills. Additionally, the survey revealed near gender parity, with almost identical rates charged by male and female freelancers worldwide, and some markets such as Russia and Pakistan indicated women charge more than men for freelance work.

    “Much of what we found in this survey is that companies hiring freelancers are more interested in their skills, experience and ratings than traditional education,” said Galit. “Freelancers looking for work have more opportunities than ever before to take advantage of cross-border freelancing and we are proud to have the opportunity to contribute to the success of hundreds of thousands of freelancers globally by simplifying the way they get paid for their cross-border sales.”

    The results offer companies who hire freelancers – including the thousands of North American businesses who hire writers, translators, developers and designers from abroad – insights into the top markets for hiring freelance talent. The survey also provides companies with a better understanding of how freelancers and businesses are finding each other. For example, three in five freelancers find their jobs through online social networks – Facebook even more than Linkedin.

    “In any type of business or even as an individual, knowing where to secure work, how much to charge and the best way to receive payments is one of the most critical aspects to consider,” said Allan Donato, co-founder of EASE Technology Solutions, an IT consulting and outsourcing company in the Philippines. “We have a talented team that provides top-notch service to our clients all over the world, but it’s a fiercely competitive market. Working with Payoneer, we have accelerated the growth of our company in terms the number of projects, employees and earnings.”

    To download the full Payoneer Freelancer Income Survey 2015 report, visit the download page. To learn more about how Payoneer is empowering global commerce with cross-border payment services for business, visit the Payoneer website.

    About Payoneer
    Payoneer empowers global commerce by connecting businesses, professionals, countries and currencies with its innovative cross-border payments platform. In today’s borderless digital world, Payoneer enables millions of businesses and professionals from more than 200 countries to reach new audiences by facilitating seamless, cross-border payments. Additionally, thousands of leading corporations including Google, Airbnb, Elance-oDesk and Getty Images rely on Payoneer’s mass payout services.

    With Payoneer’s fast, flexible, secure and low-cost solutions, businesses and professionals in both developed and emerging markets can now pay and get paid globally as easily as they do locally. Founded in 2005 and based in New York, Payoneer is venture-backed, profitable and ranked in the top 100 of Inc. 5000’s Financial Services companies. For more information, visit us at http://www.payoneer.com or follow us on Twitter and Facebook.

  • 16 Apr 2015

    Clarizen Named 2015 SIIA Software CODiE Award Finalist for Best Project Management Solution

    Enterprise Work Collaboration Leader Earns Prestigious Software Industry Recognition for Fourth Consecutive Year

     Clarizen, the leader in enterprise work collaboration software, today announced it has been named a finalist for the 2015 SIIA Software CODiE Awards for the Best Project Management Solution category. The SIIA CODiE Awards are the premier awards for the software and information industries and have been recognizing product excellence for 30 years.

    "We're excited to be recognized once again by SIIA for excellence in project management software. Companies today need to be able to continuously innovate and execute against moving targets, and that requires collaboration in the context of getting work done," said Avinoam Nowogrodski, Clarizen CEO. "Reflecting this, Clarizen's own innovation in enterprise work collaboration is focused on helping our customers deliver innovation, efficiency and transparency in their organizations."

    Clarizen's enterprise work collaboration platform combines true social engagement with powerful project management. The company recently announced its Spring 2015 Release, a major strategic enhancement to its award-winning platform, which delivers a 360-degree view of the health of companies' business projects and initiatives. By providing real-time visibility into the health of companies' initiatives, Clarizen is providing leaders with unprecedented insights to make more informed and timely business decisions. 

    "All the CODiE finalists this year showcase innovation and creativity in today's market. We are happy to recognize them for their products that are breaking ground in the software and services industries," said Rhianna Collier, VP & General Manager for the Software & Services Division at SIIA.

    The CODiE awards include more than 85 categories and are organized by industry focus of Content, Education, and Software. This year's program features 29 software categories, several of which are new or updated to reflect the latest industry trends. Winners will be announced during a special virtual SIIA Software CODiE Awards Ceremony on May 7.

    Details about each finalist are listed at http://siia.net/codies/2015/finalists.asp.

    For more information about Clarizen's enterprise work collaboration solutions, visit: http://www.clarizen.com/project-management-solutions.html

    About SIIA

    SIIA is the leading association representing the software and digital content industries. SIIA represents approximately 800 member companies worldwide that develop software and digital information content. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to the leading companies that are setting the pace for the digital age. For more information, visit www.siia.net.

    About SSD

    The Software & Services Division of SIIA (SSD) represents companies that develop the applications, services, infrastructure and tools driving the success of today's high-tech industry. SSD programs and activities are designed to foster company growth and success by providing professional insights and strategy, executive networking, industry exposure and business development opportunities. SSD member executives actively collaborate to share business and operational expertise, best practices, and new innovations to help companies efficiently build growing and successful businesses. For more information, visit www.siia.net/SSD.

    About Clarizen

    Clarizen is a work collaboration platform that helps companies get work done faster. The company's enterprise-class work collaboration and project management solutions harness the power of the cloud to get work done efficiently, effectively and with better results. Fast to deploy and easy to use, Clarizen is redefining enterprise collaboration by connecting social context with tasks and projects to drive increased productivity and profitability. Clarizen fuels the high-performance teams of more than 2,300 organizations across 76 countries, including dozens of the Fortune 500. Most recently, Gigaom Research rated Clarizen at the top in its Sector RoadMap: process-based collaboration in 2014 report. Founded in 2006, Clarizen is privately held with locations all around the world including San Mateo, CA, Tel Aviv, IL and London, UK. For more information, visit www.clarizen.com.

  • 15 Apr 2015

    The Riverside Company Makes the Move from BMC Service Desk to Samanage

    Private equity firm selects Samanage’s cloud-based service desk and asset management solutions to deliver improved IT services.

    Samanage, provider of the only true multi-tenant, unified service desk and asset management cloud solution on the market, today announced that The Riverside Company has joined its growing community of customers who are using the true-cloud solution to improve efficiency and deliver better business value throughout the organization. The Riverside Company is a global private equity firm based in New York City, focused on investing in and acquiring growing businesses valued at up to $300 million. Their reach is worldwide across four continents and more than 200 employees and consultants.

    The Riverside Company came to Samanage as it was facing increasing complexity and costs with the BMC Service Desk Express (SDE) product they were using. “From a functionality perspective, the SDE solution was complex and inflexible,” said Jake Lilie, Director of IT Operations at The Riverside Company. “Any changes, reports or even workflow required the work of an expensive third-party expert.” The announcement that BMC would be sunsetting the SDE offering spurred the team to action, and they began a search for alternative solutions. The Riverside Company’s requirements for a new ITSM solution included:

    • The ability to easily customize in-house without the need for third party consultants
    • Straightforward implementation and ease of use for the IT team and their internal customers
    • Product flexibility with the opportunity to request changes and customize features
    • A strong user community to learn from and collaborate with
    • ITIL-ready functionality
    • Ability to extend to other functional areas beyond IT


    In addition to Samanage, The Riverside Company evaluated a number of other products “We chose Samanage for its ease of use and ability to customize without having to use a third party resource,” said Lilie.

    Within just a few days, the Samanage asset management agent was pushed out to all of their computers globally. “Just by pushing out that agent, I have real tangible access to data and can take immediate action on any potential risks, “ said Lilie. “That is meaningful not just to me but to others in my office that have to track assets, such as my CFO and accounting team. It [asset warranty notification] has been very important from a fiscal perspective, because you want to avoid contracts auto-renewing,” said Lilie.

    Additionally, The Riverside Company has experienced the following results:

    • Contracts added into Samanage have allowed for easier reporting and enabled the team to make informed decisions with the data being so easily accessible.
    • They are now able to see all warranty information automatically for all hardware vendors (HP, Lenovo, Dell, and Apple) and quickly produce reports for each budgeting cycle in preparation for the next fiscal year.
    • Tracking, and contract and vendor management are more centralized to quickly locate global assets and report on them.


    Lilie adds that the Samanage Community has been an unexpected benefit to his team. “It’s rare to find a product team so engaged and fast to respond to questions and feature requests on a community,” said Lilie. “The level at which Samanage is active on their community speaks to the agility of the solution. It’s great to be able to tap into this agility as the product is continuously enhanced.”

    The Riverside Company has also expanded its use of the Samanage Service Desk solution to other functional areas of the business including Human Resources, Compliance, and Marketing.

    “I really see Samanage as the single source to house and manage all requests across the firm, be it marketing, human resources and obviously IT,” Lilie said. “That will have a very powerful impact for us, giving us the ability to provide better customer service to all Riverside team members regardless of where they are in the world.”

    About Samanage

    Samanage is enterprise service desk software that manages service relationships in the company and helps get work done. Samanage delivers an exceptional user experience with beautiful software that people love to use. Instantly deployed and continuously updated in the cloud, Samanage service and asset management software lets you quickly drive business value by connecting your people with the key business services they use every day. Visit http://www.samanage.com

  • 21 Apr 2015

    RT @viola_notes: Why your company’s success is directly proportionate to how often your employees smile http://t.co/T9xaGxszaX http://t.co/…
  • 21 Apr 2015

    RT @viola_notes: #Startups, prioritize growth (but not at the expense of #profitability) http://t.co/V2AwaQnuY8 via @VentureBeat
  • 20 Apr 2015

    @realmatch your new website is beautiful!!! Congrats https://t.co/4n5a1KZygi

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Founded in 2000, Carmel Ventures is managing over $800M across four funds. As Israel’s top tier VC firm, we invest in Israeli or Israeli related early stage companies and build global category leaders. Carmel invests across a number of key market segments including: software, new enterprise infrastructure, big data, digital media, consumer applications and semiconductors.

Our team approaches the investment as a proactive, hands-on endeavor. Carmel Ventures typically leads or co-leads investments and take an active role on the Board of Directors while keeping a low ratio of companies per partner. With strong M&A and IPO experience, the Carmel team has backed a disproportional share of Israel’s category leaders that generate over $50M in annual revenues, including: Outbrain, ironSource, Payoneer, and more.

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