Press for Bigcommerce

Growth guru Eddie Machaalani, 33, runs the e-commerce software giant BigCommerce. Based in Sydney's Surry Hills, BigCommerce powers more than 20,000 online retailers around the world and employs 60 staff at its Austin, Texas branch.

E-commerce platform company BigCommerce has set up a $2 million fund for developers. With the launch of the fund, the Sydney, Australia-based company aims to sway third-party developers into submitting their integration and application ideas for Web, mobile or desktop apps that make use of the BigCommerce API.

Big Commerce is the new name for the Australian shopping-cart developer – Interspire. It has been one of 2011′s great Australian ecommerce success stories. Earlier this year it attracted a reported $15million in investment from US venture capital company – General Catalyst Partners.

Eric Groves, former SVP at Constant Contact joins the board of BigCommerce, the world's fastest growing e-commerce platform.