Tag: Bigcommerce

Bigcommerce Expands to Downtown Austin

logo_plain-2Bigcommerce is moving into part of Mass Relevance’s former offices at 800 Brazos in downtown Austin, Silicon Hills News has learned.

The e-commerce software company has leased 4,500 square feet of space left vacate when Spredfast bought Mass Relevance last year. Mass Relevance occupied 12,500 square feet.

The office will house Zing, an Austin-based startup with five employees that provides mobile retail technologies. Bigcommerce bought Zing earlier this year. It will also house the company’s product and engineering team.

“We are very active in Austin’s vibrant tech community, and our new space provides a great opportunity to create an energetic, engineering and product-focused environment that will help Bigcommerce continue to attract top talent throughout Central Texas,” Steve Donnelly, Bigcommerce’s head of HR and People, said in a news statement.

Bigcommerce’s main office in Austin is at 11305 4 Points Drive, near Ranch Road 2222 and FM 620. The company occupies approximately 33,000 square feet.

Bigcommerce, founded in 2009, has received $125 million in funding from SoftBank Capital, American Express, Telstra Ventures, General Catalysts, Revolution Growth and Floodgate. Bigcommerce has offices in San Francisco, Austin and Sydney and has about 350 employees.

Bigcommerce’s First Acquisition is in Austin: Zing

Nate Stewart, Zing's co-founder and CEO

Nate Stewart, Zing’s co-founder and CEO

In its first acquisition, Bigcommerce announced Tuesday its purchase of Zing, an Austin-based startup that provides mobile retail technologies.

The terms of the deal were not disclosed.

Zing’s team of five employees will join Bigcommerce. The company has also acquired Zing’s intellectual property.

Zing moved to Austin three years ago and has raised less than $1 million to build its point of sale technology for retailers to manage their inventory online and in store, said Nate Stewart, its co-founder and CEO. An investor introduced Zing to Bigcommerce a few years ago, Stewart said.

Zing started out as Zing Manage, and then became Zing Checkout and now its just Zing, Stewart said. When Stewart moved from Los Angeles to Austin, he worked out of Capital Factory where he met Zack Angelo, who became the company’s chief technology officer. Zing has been a partner working with Bigcommerce for two and a half years, Stewart said.

“Their vision is so similar to ours,” Stewart said. “It’s exciting.”

Bigcommerce plans to integrate Zing’s payment technology into its software and make it available to its customers. The technology allows retailers to sync online and in-store inventory and allow for in-store pickup. The software also allows retailers to track customer data and purchases online and in store. Bigcommerce has 85,000 retail customers and 30 percent of those have physical stores.

“Nate and the Zing team have done a remarkable job extending the Bigcommerce platform in a way that enables our merchants to do this and more, and I have full confidence in their expertise and IP will further advance and expand our omni-channel strategy,” Eddie Machaalani, co-founder and CEO of Bigcommerce said in a news release.

Bigcommerce, founded in 2009, has received $125 million in funding from SoftBank Capital, American Express, Telstra Ventures, General Catalysts, Revolution Growth and Floodgate. Bigcommerce has offices in San Francisco, Austin and Sydney.

Bigcommerce, which has 250 employees in Austin, is hiring for a variety of positions. Stewart, in particular, is looking for Scala developers.

Bigcommerce Snags $50 Million in Funding

Bigcommerce's Austin offices, photo by Stacy Alexander Evans

Bigcommerce’s Austin offices, photo by Stacy Alexander Evans

Bigcommerce, an ecommerce platform based in Austin, announced it has raised $50 million led by Softbank Capital.

Other investors in the Series D funding included Telstra Ventures and American Express as well as existing investors General Catalyst and Revolution Growth. Steve Murray, a partner at SoftBank Capital, will join the Bigcommerce board. The company has previously raised $75 million.

Bigcommerce plans to use the money for product development, sales and marketing and to enter new markets. Ecommerce is expected to become a $2 trillion market worldwide by 2015, according to Bigcommerce. Its software handles approximately $5 billion worth of online sales.

Last month, Bigcommerce struck a partnership deal with Alibaba.com. Softbank owns one-third of Alibaba.

“Partnering with SoftBank Capital gives us access to the growing Asian market and opportunities within SoftBank Group companies, including Alibaba, while American Express and Telstra share our passion for helping businesses in the U.S and Australia respectively,” Eddie Machaalani, co-founder and CEO of Bigcommerce, said in a news release. “With this new round of funding, we will continue to level the commerce playing field so that every merchant has the opportunity to build a compelling brand and scalable business to effectively compete with the largest players in their industry.”

Bigcommerce, founded in 2009, has more than 55,000 retail customers worldwide. It has offices in San Francisco, Austin and Sydney. Silicon Hills News did this story on the company earlier this year. The company has 350 employees, including 200 in Austin.

Bigcommerce to Hold Job Fair and Plans to Hire 100 People This Year

imgres-9Bigcommerce is hosting a job fair on Jan. 21st at its Austin office with hopes of hiring 100 new employees this year.
The company’s “Rock Your Resume concert and recruiting event” is an invitation-only event featuring a live acoustic concert by Austin’s LC Rocks. Snacks and drinks will served. The company is encouraging people to apply to its website.
“What’s exciting and different is that top candidates will get hired on the spot,” according to Bigcommerce.
The company is looking to hire people for technology support and technical operations positions.
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Bigcommerce received a $40 million Series C investment last summer from Revolution Growth and that’s fueling the company’s latest expansion. Bigcommerce founded by Eddie Machaalani and Mitchell Harper in 2009, has raised $75 million to date.
Bigcommerce’s software has already helped more than 50,000 companies launch online stores, market their businesses and build brands for just $25 a month. Its customers include Gibson Guitar, Zaggora.com and YETI Coolers.
Bigcommerce has 190 employees in Austin and 80 employees in Sydney, Australia.

Bigcommerce Raises $40 Million from Revolution Growth

imgres-10Bigcommerce, a site that lets anyone create an online store, raised $40 million from Revolution Growth.
Steve Case, co-founder of the Revolution Growth fund and founder of America Online, will also join Bigcommerce’s board.
The Austin-based company, founded by Eddie Machaalani and Mitchell Harper in 2009, has raised $75 million to date.
Bigcommerce’s software has already helped more than 35,000 companies launch online stores, market their businesses and build brands for just $25 a month. Its customers include Gibson Guitar, Zaggora.com, YETI Coolers and many more.
“Bigcommerce is a big idea that aligns perfectly with Revolution Growth’s philosophy: that technology can enable any entrepreneur, in any industry, located anywhere, to build a successful, high-growth business,” Case said in a news release.
Bigcommerce plans to use the funds to further develop its product and for marketing. The company is also hiring new employees.
“At our core, we are simply entrepreneurs helping other entrepreneurs build the business of their dreams,” Bigcommerce co-founder and co-CEO Mitchell Harper said in a news release.

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