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Bigcommerce coy on deal to acquire Magento’s Go service

Monday, 30 June 2014 | By Kye White

Australian e-commerce company Bigcommerce has refused to confirm or deny a report that it has negotiated a deal to acquire the customers of eBay-owned competitor Magento’s Go service.


Recently a source told Re/code that Magento was killing off Go, a platform which helps small businesses build an online store to sell their products and services, and the company had agreed a deal with Bigcommerce to move Magento’s Go customers to Bigcommerce’s service.


It follows eBay cutting close to 50 jobs at Magento in March.


Re/code sources say Go never gained traction against competitors like Bigcommerce and Shopify.


StartupSmart contacted Bigcommerce, but the company refused to comment.


Bigcommerce was founded in 2009 by Australians Eddie Machaalani and Mitchell Harper and has offices in Sydney, San Francisco and Austin.


More than 50,000 companies use Bigcommerce’s services to manage all aspects of their online stores, from web design, through to checkout and growth services.


The company has raised $75 million to fuel its growth.


Last month former Google executive Tim Schulz joined the company as senior vice president of product management.