Magento Commerce is a contemporary cloud commerce platform with a versatile open-source ecosystem, founded in 2008. It caters to diverse applications including B2C, B2B, and hybrid models, extending its functionality beyond the shopping cart to cover all aspects of the shopping experience, including email, mobile, in-store, shipping, and marketplaces. Recognized as the foremost commerce platform on the 2015 Internet Retailer Top 1000, B2B 300, and Europe 500 lists, Magento collaborates with the world's largest retailers, brands, and branded manufacturers across B2C and B2B sectors.
The most recent significant investment in Magento was a $250.00M Private Equity Round at 04 January 2017, led by Hillhouse Investment. The company operates primarily in the industries of Computing, E-Commerce, Enterprise Software, and IT.
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