The online retail software provider, which has raised $219m in venture funding from investors including Telstra, Softbank and American Express, set a $100m target.

US-based e-commerce software producer BigCommerce filed on Monday to raise up to $100m in an initial public offering that would enable corporates Telstra, Softbank and American Express to exit.

BigCommerce has developed a software platform that enables businesses to create their own online stores and connect them to online marketplaces, social media accounts and point-of-sale systems.

The company more than halved its Q1 losses year on year to $4m in 2020 while boosting its revenue almost 30% to $33.2m…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.