Magento is an Open-source eCommerce solution that delivers to customers total versatility and control over the content, functionality and look of their online store. Some features include robust marketing, merchandising and content management. Magento is designed for expansion and is backed by a substantial support network. It is the eCommerce software and platform is the most trusted by the world’s leading brands and is also the leading provider of open omnichannel innovation. Their open source digital commerce platform and cloud-based omnichannel solutions allow merchants to integrate the digital and physical shopping experiences. For three years in a row, Magento has empowered more Top 1000 Internet Retail merchants than anyone else, more than double of any other provider. It is also the top eCommerce platform for the initial Internet Retailer B2B eCommerce 300 guide, with over 40 merchants that list Magento as their eCommerce platform. Magento is the top eCommerce platform of the Internet Retailer Hot 100. Representing retailers with the most innovative ideas in commerce. Its open source eCommerce platform, Magento Commerce boasts a strong portfolio of cloud-based omnichannel solutions with in-store, retail associate and order management technologies. Magento Commerce is supported by a vast global network of over 300 solution and technology partners and by a highly active global community of more than 66,000 developers and the largest eCommerce marketplace for extensions available for download on the Magento Marketplace.
Magento Commerce is now backed by Permira funds. Founded in 1985, Permira advises funds with a total committed capital of approximately over $25 billion. Permira is a global investment firm that finds and backs successful businesses with motivation. The Permira funds create long-term investments in companies with the objective of transforming their performance and motivating sustainable growth. In the past 30 years, Permira funds have made over 200 private equity investments in five key sectors: Consumer, Healthcare, Financial Services, Technology, and Industrial. Permira has 14 offices across North America, Europe, the Middle East, and Asia, and over 200 employees, including 120 investment professionals. With more than over $50 Billion in gross transactions annually, see why more businesses trust in Magento. In the next post we’ll talk about the next-generation platform, it’s the Magento 2.0. The Magento 2.0 is built on a robust, modern architecture fashioned to adapt and scale to meet the difficult tasks of the increasingly complex commerce market and to keep pace with the light-speed pace of innovation.