Online employment marketplace Expert360 has raised $12 million in an external funding round from existing investors and will hire a chief operating officer to work with founder and chief executive Bridget Loudon, as it looks to scale up its operations ahead of a possible public listing.
The latest funding round includes money from venture capital funds AirTree Ventures and Rampersand and investment management firm Perennial Value Management. A $5 million convertible note previously raised, with less well-known Sydney-based Hyper Capital, will also convert into this round.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
