Magento Commerce company logo

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magento.com

Founded Year

2008

Stage

Acquired - II | Acquired

Total Raised

$272.5M

Valuation

$0000 

Revenue

$0000 

About Magento Commerce

Magento Commerce is a provider of cloud commerce innovation to merchants and brands across B2C and B2B industries. In addition to its flagship, open source, digital commerce platform, Magento Commerce boasts a portfolio of cloud-based omni-channel solutions empowering merchants to successfully integrate digital and physical shopping experiences. Magento Commerce is supported by a global network of solution and technology partners, a global developer community and an eCommerce marketplace for extensions available for download on the Magento Marketplace.

Magento Commerce Headquarter Location

54 North Central Avenue Suite 200

Campbell, California, 95008,

United States

+1 855 733 5533

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Research containing Magento Commerce

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Magento Commerce in 4 CB Insights research briefs, most recently on May 4, 2021.

Expert Collections containing Magento Commerce

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Magento Commerce is included in 5 Expert Collections, including E-Commerce.

E

E-Commerce

9,499 items

F

Fintech 250

248 items

P

Payments

2,313 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Fintech

7,431 items

US-based companies

D

Digital Content & Synthetic Media

517 items

Latest Magento Commerce News

RadonAway Launches New Business To Business Ordering App

Jun 27, 2022

On Jun 27, 2022 Built by Unbound Commerce, the New B2B App is Designed to Speed the Purchasing Process for Wholesale Customers in the Field Unbound Commerce is pleased to announce the launch of a new business to business (B2B) purchasing app for RadonAway, a top wholesale manufacturer and distributor of radon mitigation equipment. The RadonAway app was custom-designed, built and launched for both iOS and Android and leverages and extends the current Magento ecommerce operations used for online ordering. Based in Massachusetts, RadonAway is owned by Spruce Environmental Technologies, Inc. and introduced the first radon-specific fan over 30 years ago. Since then, their RadonAway radon mitigation fans have become the most popular, reliable and effective in the world. RadonAway sells to professional radon mitigators and wanted an app to allow faster re-orders by these wholesale buyers, even while they are in the field. By launching the B2B app, they now have a direct, always-on connection to these customers, and can deliver in-app notifications with order updates, and special offers. Customer-specific pricing and order guide for rapid re-ordering anchor the app functionality. RadonAway also has achieved a competitive advantage and differentiation via the launch of the app. According to research, 78% of B2B eCommerce firms think mobile apps are the future, and about 65% already have a mobile app. Increasingly, apps are seen as the best way to reach wholesale customers, especially those dedicated to a brand. According to recent reports, mobile apps account for the majority of mobile internet usage in the U.S., with each person projected to spend an average of 277 minutes daily on mobile apps in 2022. “We are very pleased with the new RadonAway app and the service we received throughout the entire design, build and deploy process”, said David Naggar, VP, Technology and Business Development at Spruce Environmental Technologies. “We are rolling the app out to our customers and are already seeing solid rates of adoption. We have more features planned and see the app as a powerful addition to our omnichannel sales efforts,” he added. Unbound’s B2B app solution leverages and extends RadonAway’s current Magento operations, including into the app customer-specific wholesale pricing, rapid re-ordering, and product details. Orders placed through the app(s) flow back into the Magento system, and are tracked as app-specific purchases. Unbound is based in Boston, MA and delivered the project on-time and on-budget. Write in to  psen@itechseries.com to learn more about our exclusive editorial packages and programs.

  • When was Magento Commerce founded?

    Magento Commerce was founded in 2008.

  • Where is Magento Commerce's headquarters?

    Magento Commerce's headquarters is located at 54 North Central Avenue, Campbell.

  • What is Magento Commerce's latest funding round?

    Magento Commerce's latest funding round is Acquired - II.

  • How much did Magento Commerce raise?

    Magento Commerce raised a total of $272.5M.

  • Who are the investors of Magento Commerce?

    Investors of Magento Commerce include Adobe Systems, Hillhouse Capital Management, Permira and eBay.

  • Who are Magento Commerce's competitors?

    Competitors of Magento Commerce include Scalefast, Shopware, Shoplazza, PrestaShop, Nuvemshop and 15 more.

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