diff --git a/platform/mbed_alloc_wrappers.cpp b/platform/mbed_alloc_wrappers.cpp
index eeb78411ba..58f153c70d 100644
--- a/platform/mbed_alloc_wrappers.cpp
+++ b/platform/mbed_alloc_wrappers.cpp
@@ -81,12 +81,18 @@ extern "C" {
     void * __real__realloc_r(struct _reent * r, void * ptr, size_t size);
     void __real__free_r(struct _reent * r, void * ptr);
     void* __real__calloc_r(struct _reent * r, size_t nmemb, size_t size);
+    void* malloc_wrapper(struct _reent * r, size_t size, void * caller);
+    void free_wrapper(struct _reent * r, void * ptr, void* caller);
 }
 
 // TODO: memory tracing doesn't work with uVisor enabled.
 #if !defined(FEATURE_UVISOR)
 
 extern "C" void * __wrap__malloc_r(struct _reent * r, size_t size) {
+    return malloc_wrapper(r, size, MBED_CALLER_ADDR());
+}
+
+extern "C" void * malloc_wrapper(struct _reent * r, size_t size, void * caller) {
     void *ptr = NULL;
 #ifdef MBED_MEM_TRACING_ENABLED
     mbed_mem_trace_lock();
@@ -111,7 +117,7 @@ extern "C" void * __wrap__malloc_r(struct _reent * r, size_t size) {
     ptr = __real__malloc_r(r, size);
 #endif // #ifdef MBED_HEAP_STATS_ENABLED
 #ifdef MBED_MEM_TRACING_ENABLED
-    mbed_mem_trace_malloc(ptr, size, MBED_CALLER_ADDR());
+    mbed_mem_trace_malloc(ptr, size, caller);
     mbed_mem_trace_unlock();
 #endif // #ifdef MBED_MEM_TRACING_ENABLED
     return ptr;
@@ -160,6 +166,10 @@ extern "C" void * __wrap__realloc_r(struct _reent * r, void * ptr, size_t size)
 }
 
 extern "C" void __wrap__free_r(struct _reent * r, void * ptr) {
+    free_wrapper(r, ptr, MBED_CALLER_ADDR());
+}
+
+extern "C" void free_wrapper(struct _reent * r, void * ptr, void * caller) {
 #ifdef MBED_MEM_TRACING_ENABLED
     mbed_mem_trace_lock();
 #endif
@@ -177,7 +187,7 @@ extern "C" void __wrap__free_r(struct _reent * r, void * ptr) {
     __real__free_r(r, ptr);
 #endif // #ifdef MBED_HEAP_STATS_ENABLED
 #ifdef MBED_MEM_TRACING_ENABLED
-    mbed_mem_trace_free(ptr, MBED_CALLER_ADDR());
+    mbed_mem_trace_free(ptr, caller);
     mbed_mem_trace_unlock();
 #endif // #ifdef MBED_MEM_TRACING_ENABLED
 }
diff --git a/platform/mbed_retarget.cpp b/platform/mbed_retarget.cpp
index 11fcfa6989..8d3dbe3936 100644
--- a/platform/mbed_retarget.cpp
+++ b/platform/mbed_retarget.cpp
@@ -1068,7 +1068,53 @@ void operator delete[](void *ptr)
     free_wrapper(ptr, MBED_CALLER_ADDR());
 }
 
+#elif defined(MBED_MEM_TRACING_ENABLED) && defined(__GNUC__)
+
+#include <reent.h>
+
+extern "C" void* malloc_wrapper(struct _reent * r, size_t size, void * caller);
+extern "C" void free_wrapper(struct _reent * r, void * ptr, void * caller);
+
+void *operator new(std::size_t count)
+{
+    void *buffer = malloc_wrapper(_REENT, count, MBED_CALLER_ADDR());
+    if (NULL == buffer) {
+        error("Operator new out of memory\r\n");
+    }
+    return buffer;
+}
+
+void *operator new[](std::size_t count)
+{
+    void *buffer = malloc_wrapper(_REENT, count, MBED_CALLER_ADDR());
+    if (NULL == buffer) {
+        error("Operator new[] out of memory\r\n");
+    }
+    return buffer;
+}
+
+void *operator new(std::size_t count, const std::nothrow_t& tag)
+{
+    return malloc_wrapper(_REENT, count, MBED_CALLER_ADDR());
+}
+
+void *operator new[](std::size_t count, const std::nothrow_t& tag)
+{
+    return malloc_wrapper(_REENT, count, MBED_CALLER_ADDR());
+}
+
+void operator delete(void *ptr)
+{
+    free_wrapper(_REENT, ptr, MBED_CALLER_ADDR());
+}
+
+void operator delete[](void *ptr)
+{
+    free_wrapper(_REENT, ptr, MBED_CALLER_ADDR());
+}
+
 #else
+
 void *operator new(std::size_t count)
 {
     void *buffer = malloc(count);