According to Vatornews, social media marketing start-up Stackla closed it first major investment round, landing $6.1 million of funding led by ASX-listed Bailador Technology Investments.

The company has been raising the initial funding since last year, and earlier pulled in investors including start-up agency and advisory Rampersand, and former ninemsn and Yahoo! Australia chief executive Tony Faure. It has added to that backing with increased funding from Bailador of $2.5 million, and intends to use the fund for further international expansion.