Melbourne-based online art retailer RedBubble is close to becoming cash-flow positive, according to the start-up's co-founder Martin Hosking.
From boom to bust, from unconference to BarCamp and beyond, Mahesh Sharma tracks the fortunes of Australia's startup community.
Mahesh Sharma earned his pen licence in his homeland, where he covered the technology industry for ZDNet, SMH, Sky Business News, and The Australian--first as an FTE, and later as a freelancer. The latter fueled his passion for startups and empowered a unique perspective on entrepreneurs' passion to solve problems using technology. Armed with this knowledge, experience, and discipline, Mahesh has returned to his spiritual homeland India to document the mixed fortunes of one of the world's most exciting technology economies.
Adelaide-based start-up NewsAlerts.com.au will shut down all services on 2 February following the signing of a mysterious deal with Wotif.com-backed wotnews.com.au.
Opinions are mixed as to how Australia's start-up community will weather 2009 as the global financial crisis continues to make its presence felt.
Sydney social news start-up Streem will shut down this afternoon, according to a heartfelt notice posted on the site this morning by its founder Elgar Welch.
Attending last weekend's BarCamp in Sydney, it was hard to escape the conclusion that a certain "dot-com bust" flavour had seeped into the kool aid previously being drunk by Australia's web 2.0 and early stage start-up sector.
This week Australia's Federal Government announced it had allocated $3.6 million in funding to 57 local research projects so that they could be commercialised, with many of them being web or IT-related start-ups.
StartupCamp Melbourne looks to have produced just as interesting ideas as the Sydney event which immediately preceded it, but the Victorian start-ups appear to have stumbled during execution. Sydney 1, Melbourne 0.
One of the only Australian start-ups to present at the recent round of conferences in the US was Sydney-based spellr.us, which has launched a Web-based tool to check and monitor websites for spelling mistakes.
Australian news aggregator Plugger.com.au will re-brand as 'Wotnews.com.au' following a licensing and investment deal with high-profile Wotif.com founder and local multi-millionaire Graeme Wood.
Melbourne-based technology start-up ExitReality confirmed yesterday that it had lost its chief executive just before it formally launched last week.
Questions are being raised this morning about whether high-profile Australian Web 2.0 start-up Omnidrive has closed itsdoors, with the company's site being replaced by what appears to be some form of newsletter service offering financialrewards.
In early October, Melbourne will get its own version of the StartupCamp project that saw three new technology start-ups launched last weekend.
Melbourne-based start-up Cinergix appears to be the only Australian act headlining at the massive tech start-up conferences in the United States this week.
Three new Australian technology start-ups, uTag, TrafficHawk.com.au and LinkViz, were conceived and launched over the weekend in a lightning initiative dubbed "Startup Camp Sydney".
Melbourne-based Web start-up 2Vouch yesterday launched the first public beta of what it dubs its "social recruiting platform".