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.
Australian-born, Bangalore-based Mahesh Sharma is ZDNet's India correspondent.
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.