Magento has raised $22.5 million according to a regulatory filing. Magento is an open source e-commerce software platform. Magento has about 60,000 merchants using their software. Magento was downloaded about 1.5 million times. The company said that they have registered over $15 billion in transactions thus far too. [TechCrunch]
Magento Raises $22.5 Million For Open Source E-Commerce Platform
Categories: Magento.