​Bigcommerce bolsters IPO prospects with advisory board addition

Australian e-commerce tech startup Bigcommerce has bolstered its advisory board with the addition of Nasuni COO and CFO Scott Dussault, who helped lead cloud commerce provider Demandware to a successful IPO in 2012.

Australian e-payments player Bigcommerce's prospects for an initial public offering (IPO) are set to be bolstered by the addition of Nasuni COO and CFO Scott Dussault to its growing board of advisors.

Dussault is known for playing a large part in successfully leading enterprise cloud commerce solutions provider Demandware to its IPO in 2012. He acted as the company's CFO until mid-2014.

Additionally, Dussault is credited with leading and coordinating Achivas' acquisition by Hitachi Data Systems while serving as the company's CFO.

Bigcommerce CFO and COO Robert Alvarez said that it is precisely this sort of experience that makes Dussault such a valuable addition to its increasingly impressive board of advisors.

"Scott [Dussault]'s combined expertise in the enterprise market and prior experience taking a very successful e-commerce company public is exactly what we were looking to add to our advisory board," said Alvarez. "His guidance and mentorship will be invaluable as the company continues to focus on the superior design of our platform and delivering the best possible experience to clients."

Already, Bigcommerce has attracted some notable names from the tech industry to its advisory board, including Twitter's reputed "fail whale" killer Christopher Fry, and former Groupon and Amazon executive Kal Raman.

The company completed a $50 million Series D funding round in November last year, with companies such as Telstra, American Express, and SoftBank jumping on board to back its growth. It has set up offices in San Francisco and Austin, along with Sydney.

This followed a $40 million fundraising round in July 2013 that saw the likes of AOL co-founder Steve Case's entrepreneur fund Revolution chip in some big bucks for a stake in the company.

In October, Bigcommerce inked a partnership deal that saw its e-commerce platform integrated with the buyer and supplier network of Alibaba Group's flagship site, Alibaba.com, providing the local company's customers with greater access to products and services internationally.

"Bigcommerce is kicking off 2015 with incredible partnerships with companies like Alibaba.com, EIG, and Intuit, and a product road map that puts the company in a leadership position for omni-channel commerce and real-time analytics," said Raman in January, when he joined the Bigcommerce advisory board.

The company, which operates a platform providing small and medium-sized retailers with tools to launch, promote, manage, and scale an online store, claims more than 60,000 clients with more than $4 billion in sales processed by its platform.

To date, it has raised $125 million in funding.