<s>
PeoplePerHour	B-Application
,	O
legally	O
People	B-Application
Per	I-Application
Hour	I-Application
Limited	O
,	O
is	O
a	O
UK-based	O
company	O
whose	O
function	O
is	O
as	O
an	O
online	O
platform	O
giving	O
businesses	O
access	O
to	O
freelance	O
workers	O
.	O
</s>
<s>
Businesses	O
opting	O
to	O
use	O
the	O
website	O
are	O
often	O
start-ups	O
or	O
SMEs	O
looking	O
to	O
grow	O
flexibly	O
by	O
hiring	O
freelancers	B-Language
to	O
handle	O
projects	O
rather	O
than	O
hiring	O
in-house	O
or	O
via	O
agencies	O
.	O
</s>
<s>
There	O
is	O
some	O
debate	O
as	O
to	O
whether	O
the	O
emergence	O
of	O
this	O
type	O
of	O
freelance	B-Language
marketplace	I-Language
is	O
part	O
of	O
a	O
longer-term	O
structural	O
change	O
in	O
the	O
way	O
that	O
companies	O
across	O
the	O
world	O
manage	O
their	O
human	O
resources	O
.	O
</s>
<s>
In	O
August	O
2012	O
,	O
PeoplePerHour	B-Application
was	O
named	O
by	O
the	O
science	O
and	O
technology	O
magazine	O
,	O
Wired	O
UK	O
as	O
one	O
of	O
"	O
Europe	O
's	O
100	O
Hottest	O
Startups	O
of	O
2012	O
"	O
.	O
</s>
<s>
One	O
of	O
the	O
major	O
investors	O
in	O
PeoplePerHour	B-Application
is	O
Index	O
Ventures	O
,	O
which	O
gave	O
the	O
company	O
£2M	O
(	O
3.2M	O
dollars	O
)	O
in	O
2012	O
.	O
</s>
<s>
Mike	O
Volpi	O
has	O
named	O
PeoplePerHour	B-Application
among	O
the	O
three	O
"	O
most	O
underrated	O
companies	O
"	O
in	O
the	O
Index	O
's	O
portfolio	O
.	O
</s>
