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
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
Magento LinkedIn Company Profile
Social Media
Magento Company Twitter Account
Company News
Magento News
Facebook
Magento on Facebook
YouTube
Magento on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Roy Rubin
  Roy Rubin LinkedIn Profile  Roy Rubin Twitter Account  Roy Rubin News  Roy Rubin on Facebook
Chief Financial Officer
Keren Aminia
  Keren Aminia LinkedIn Profile  Keren Aminia Twitter Account  Keren Aminia News  Keren Aminia on Facebook
Chief Technical Officer
Yoav Kutner
  Yoav Kutner LinkedIn Profile  Yoav Kutner Twitter Account  Yoav Kutner News  Yoav Kutner on Facebook
President
Bob Schwartz
  Bob Schwartz LinkedIn Profile  Bob Schwartz Twitter Account  Bob Schwartz News  Bob Schwartz on Facebook
VP - Bus. Development
Phil Robinson
  Phil Robinson LinkedIn Profile  Phil Robinson Twitter Account  Phil Robinson News  Phil Robinson on Facebook
VP - Customer Service
Paul Wallace
  Paul Wallace LinkedIn Profile  Paul Wallace Twitter Account  Paul Wallace News  Paul Wallace on Facebook
VP - Product Management
Doug McIver
  Doug McIver LinkedIn Profile  Doug McIver Twitter Account  Doug McIver News  Doug McIver on Facebook
VP - Sales
Jary Carter
  Jary Carter LinkedIn Profile  Jary Carter Twitter Account  Jary Carter News  Jary Carter on Facebook


 

 

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Next: 3/15/2010: Industry Weapon venture capital transaction

 

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We report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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