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Telco infrastructure firm GigaComm raises $20 5 million

Startup telco infrastructure company GigaComm has raised $20.5 million in an oversubscribed funding round and appointed three new board members.

Dengue fever drug company Island Pharmaceuticals surges 124 per cent on debut

Salesforce backs Marketplacer as offshore ambitions take shape

Salesforce backs Marketplacer as offshore ambitions take shape Share Fast-growing e-commerce tech company Marketplacer has extended the size of its recent $20 million funding round by $5 million to bring on board Salesforce Ventures as an investor. The pre-IPO company, which counts the likes of Myer, Petstock and Metcash as customers, enables businesses to create their own marketplaces, letting them sell more goods, without having to stock them. Marketplacer co-founders Jason Wyatt and Sam Salter have raised an additional $5 million from Salesforce Ventures.  Guy Evans Photography Speaking to The Australian Financial Review, Marketplacer co-founder and executive chairman Jason Wyatt said taking on the capital from Salesforce Ventures was a strategic move by the business.

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