Magento's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Magento is an open source eCommerce platform that offers omnichannel and digital transformation solutions for fashion, f... Read more

Estimated Annual Revenue

Estimated Employees

Mark Lavelle's photo - CEO of Magento

CEO

Mark Lavelle

CEO Approval Rating

83/100

OVERVIEW

Founded:

2008

Headquarters:

Los AngelesCalifornia

Status:

PrivateSubsidiary of Adobe Inc.

Industry Sector:

Internet Software

E-commerce

Top Competitors or Alternatives

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Growth Score - 1/1

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Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Orckestra is Magento's biggest rival. Orckestra was founded in Longueuil, Quebec} in 2006. Like Magento, Orckestra also competes in the E-commerce sector. Compared to Magento, Orckestra generates $141.3M less revenue.

Bigcommerce is Magento's #2 rival. Bigcommerce's headquarters is in Austin, Texas, and was founded in 2009. Like Magento, Bigcommerce also competes in the E-commerce space. Bigcommerce generates 96% of Magento's revenue.

WebLinc is Magento's #3 competitor. WebLinc was founded in 1994 in Philadelphia, Pennsylvania. Like Magento, WebLinc also works within the Internet Software sector. WebLinc generates $132.5M less revenue than Magento.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Mark Lavelle

CEO

- -
812
$272.5M
$150M
1

Louis Fournier

President

61/100
124
$20M
$8.7M
2

Brent Bellm

CEO

80/100
728
$233.7M
$145M
3

Darren Hill

Co-Founder & CEO

20/100
133
$17M
$17.5M
4

Kok Wei Lim

Founder

83/100
3
- -
$ < 1M
5

Chris Griffin

Founder

70/100
190
$12M
$5M
6

Riccardo Jelmini

CEO

70/100
250
- -
$11.5M
7

Sara Hicks

Co-Founder & CEO

74/100
15
$11.2M
$4M
8

Stéphane Escoffier

General Manager

79/100
25
- -
$4M
9

Leela Kaza

CEO

55/100
90
$59.1M
$15M
10

Eric Heller

Co-Founder & CEO

53/100
60
- -
$2M

Acquisitions

No recent acquisitions found related to Magento

Magento Funding History

Since Magento was founded in 2008, it has participated in 2 rounds of funding. In total Magento has raised $272.5M. Magento's last funding round was on Jan 2017 for a total of $250.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Jan 2017
$250M
Equity
Mar 2010
$22.5M
-

Total Funding: $272.5M

Since Magento was founded in 2008, it has participated in 2 rounds of funding. In total Magento has raised $272.5M. Magento's last funding round was on Jan 2017 for a total of $250.0M

Investments

No recent investments found related to Magento

Magento News

July 16, 2019Latest Hacking News

Magento Killer Attacks Magento Ecommerce Sites To Steal Payment Data

Magento e-commerce websites are now at risk as the 'Magento Killer' makes its debut. This rightly-nam... See more »
July 4, 2019TechBizWeb

Magento Patches Flaws Leading to Site Takeover

Magento recently addressed vulnerabilities that could be exploited by unauthenticated attackers to hi... See more »
June 25, 2019eSellercafe

Magento releases security updates and enhancements to Magento 2

Significant performance upgrades with over 20% improvement in page-load times, and up to 90% improvem... See more »
May 16, 2019Pulse2.0

How Adobe's Integration Of Magento Is Helping The World Realize The Power Of Commerce

Adobe acquired Magento Commerce last year and this week, the software giant made a number of new Mage... See more »
May 14, 2019Tamebay

Magento Amazon Sales Channel extension released

At the Magento Imagine conference, Adobe announced two new services to assist online merchants extend... See more »
May 13, 2019TechCrunch

Adobe brings new Amazon and Google integrations to Magento

It's only been a few months since Adobe launched its Commerce Cloud, based on its $1.6 billion acquis... See more »
May 13, 2019Martech Series

TurnTo Upgrades Partnership with Magento to Enhance Customer-Generated Content for Retailers and Brands

TurnTo Networks, the innovation-leader in Customer-Generated Content solutions like ratings & reviews... See more »

Magento Blogs

October 16, 2019Magento Blog

Magento Imagine at Adobe Summit: Bigger and Better Than Ever

Join us in Las Vegas as we mark the tenth anniversary of the conference.... See more »
October 16, 2019Magento Blog

Why Adopting EPOS Software can Enable You to Track eCommerce Sales and Inventory More Efficiently

An Electronic Point of Sale (EPOS) System helps you track sales and inventory more efficiently. Read ... See more »
October 12, 2019Magento Blog

Setting Yourself Up for Success with Page Builder

Best practices to ensure that your teams are taking advantage of the full potential of Page Builder ... See more »
October 9, 2019Magento Blog

Four Merchants Win Big Integrating Microsoft Dynamics ERP System with Magento Commerce

Four diverse businesses found a common solution by integrating Magento Commerce with their Microsoft ... See more »
October 9, 2019Magento Blog

What is the Key to Social Selling? Get Your Product Content Right

Nearly 3.5 billion people around the world use social media to find new brand and make eCommerce purc... See more »
September 19, 2019Magento Blog

The Democratization of Industrial Automation and Robotics

As robots get more affordable and accessible for a wider range of companies, logistics providers are ... See more »
September 12, 2019Magento Blog

Introducing New Capabilities to Magento Business Intelligence

SMBs can now harness the power of business intelligence to make informed decisions that impact their ... See more »

Magento Press Releases

April 27, 2019PRWeb

Microsoft and Magento approve i95Dev's Magento connector for Dynamics 365 Finance & Operations

i95Dev is pleased to announce that our Dynamics 365 Connector for Magento is approved by Microsoft an... See more »
April 3, 2019Webnewswire

Best Magento Extensions for Magento2 Store

Magento is an open-source e-commerce platform written in PHP. The software was originally developed b... See more »
March 19, 2019PRWeb

Magento Innovations Lab selects i95Dev as a Magento Innovator

Magento Innovations Lab selects i95Dev as a Magento Innovator for the innovative and promising work t... See more »
March 8, 2019Market Press Release

Elsner Announces Official Partnership With Magento To Boost E-commerce Offerings!

Elsner Announces Official Partnership With Magento Inside community program. Now we are access Magent... See more »
January 7, 2019Webnewswire

Increase Your Sales By Adopting Magento

Magento has turned out to be the leading eCommerce platform which is an open-source platform, used by... See more »
December 11, 2018CentralCharts

Nextech Web Enabled Augmented Reality (AR) eCommerce Solution Goes Live with Shopify WordPress and Magento

NexTech AR Solutions (the "Company" or "NexTech") (CSE: NTAR) (OTC: NEXCF) (FSE:N29) is pleased to an... See more »
November 2, 2018Webnewswire

Get the Best Magento E-commerce Development Services from TechUnido

Magento started the Mobile Optimization Initiative to boost mobile conversion rates. Converting sales... See more »

Magento Videos

Social Statistics

Headquarters

3640 Holdrege Avenue

Los Angeles, California90016

855-733-5533

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Magento, Inc. is a developer and provider of open-source content management systems for e-commerce businesses. It was founded in 2001 and headquartered in Culver City, California with approximately 250 employees. It was formerly known as Varien, Inc. ...

CEO

Magento's CEO, Mark Lavelle, currently has an approval rating of 83%. Magento's primary competitors are Orckestra, Bigcommerce & WebLinc.

Website

magento.com

Frequently Asked Questions about Magento

  1. When was Magento founded?

    Magento was founded in 2008
  2. Who is Magento's CEO?

    Magento's CEO is Mark Lavelle
  3. How much revenue does Magento generate?

    Magento generates $150M in revenue
  4. How much funding does Magento have?

    Magento has historically raised $272.5M in funding
  1. Where is Magento's headquarters?

    Magento's headquarters is in Los Angeles California, USA
  2. How many employees does Magento have?

    Magento has 812 employees
  3. What sector does Magento operate in?

    Magento is in Internet Software, E-commerce
  4. Who are Magento's competitors?

    Magento's top competitors are Orckestra, Bigcommerce, WebLinc