Bigcommerce Names CEO

Austin-based e-commerce software developer Bigcommerce has named a new CEO, saying earlier this week that it has named former HomeAway President Brent Bellm as its new CEO. Current CEO and co-founder Eddie Machaalani will become Executive Chairman at the company. Bellm was most recently President and Chief Operating Officer at HomeAway, where he helped the company through its IPO, and also had served at PayPal, most recently as VP and CEO of PayPal Europe. Bigcommerce is venture backed by SoftBank Capital, American Express, Telstra Ventures, General Catalyst, Revolution Growth and FLOODGATE.