Marrakech, the loss-making internet trading company, has raised a further $6 million (€4.5 million) in funding, bringing its total backing to about $75 million.
The company has also appointed a new chief executive, John Bantleman, who was previously chief executive of a number of Silicon Valley companies. He replaces Kelly Murphy, who founded Marrakech in 1998 and has become the company's chief technical officer.
The latest funding injection came from existing investors Doughty Hanson Technology Ventures, Cross Atlantic...
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