Magento gets $ 22.5 million from investors



Magento is a platform for e-commerce (or commerce) that is open source, which has led many companies use this tool as of today looks very robust, with strong growth potential. And what that has potential it just received $ 22.5 million in funding in one round. The purpose of this injection of capital is to position of Magento in many areas related to electronic commerce. Obviously, these areas have great potential to be developed so that, if successful in its development, this suite of e-commerce would be making strides to become the largest platform in terms of electronic commerce concerns.

And this is confirmed by Tim Shulz who is Senior Product Manager of Magento. By analyzing the current situation it is clear that this platform has many points in their favor they leave relegated and competition in the dust. integration with PayPal sublime, a robust administration interface, management incredible catalog and to create options for gift certificates.

Today the numbers speak themselves: over 30,000 dealers using the platform, which has been downloaded 1.5 million times (cut to January 2010). And it is a flexible solution for many people who want to have a commercial presence on the Internet. The figures are excellent considering that there are two versions: The Enterprise that has a cost basis of $ 11,125 per year, and the Community, which lacks any support.

Via
TechCrunch
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Magento Blog
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