Tech Company Financing Transactions
Magento Funding Round
On 3/15/2010, Magento secured $22.5 million in funding from private investors.
Transaction Overview
Company Name
Announced On
3/15/2010
Transaction Type
Venture Equity
Amount
$22,500,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
10441 Jefferson Blvd. 200
Culver City, CA 90232
USA
Culver City, CA 90232
USA
Phone
Website
Email Address
Not Recorded
Overview
Magento was a direct response to the emerging new needs of today's online merchants. More than any feature or functionality what our clients really needed was flexibility. Our primary goal with Magento was to develop a platform that put the control back in the hands of the online merchant and placed no constraints on business processes and flow.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Roy Rubin
Chief Financial Officer
Keren Aminia
Chief Technical Officer
Yoav Kutner
President
Bob Schwartz
VP - Bus. Development
Phil Robinson
VP - Customer Service
Paul Wallace
VP - Product Management
Doug McIver
VP - Sales
Jary Carter
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