Stackla raises $3 million from Bailador, Rampersand and Tony Faure

by Paul Smith via 

Stackla co-founder and chief executive Damien Mahoney said he believed Bailador would be the ideal partner. 

Bailador poured $2.5 million into the company investment in Stackla, with the remainder of the round made up by earlier backers including startup agency and advisory Rampersand, and former ninemsn and Yahoo! Australia chief executive Tony Faure.

Stackla is a social marketing platform that aggregates comments about a business and enables companies to harvest them for use in marketing.

The company said it was currently generating 60 per cent of its revenue from outside of Australia, with over 250 clients including Qantas, Toyota, McDonald's, NAB, Lenovo, Topshop, Waitrose and Contiki.

Co-Founder and Partner at Bailador Paul Wilson said the investment exposed the fund to a rapidly growing marketing sector and beleived that Stackla had a strong leadership team.

To read the full article, click here

More Portfolio News

Straker and localisation

Straker Translations has released some great work on how ‘Go local to go global’ sticks well with the world’s most profitable successful businesses.
Read more

Instaclustr Website Upgrade

Instaclustr released a new website with key messaging around our commitment to open source software.
Read more

Stackla for Good initiative helps non-profits access UGC

Stackla has launched a new programme to help nonprofits engage with supporters through user generated content.
Read more