What is Magento's business focus and history?
Magento, founded in 2008 by Roy Rubin and Yoav Kutner, is a private company based in San Jose, California. It operates as a modern cloud commerce platform with an open-source ecosystem, offering flexible solutions for B2C, B2B, and hybrid commerce experiences. Magento has raised $250 million in funding and was acquired by Adobe in 2018 for $1.68 billion. The company has 651 employees and serves over 150,000 online stores worldwide.
Magento Corporate Details & Core Services
Magento is a modern cloud commerce platform with an open-source ecosystem, offering flexible solutions for B2C, B2B, and hybrid commerce experiences.
Magento Contact Information & Official Links
What are Magento's Key Business Metrics & Stats?
No of employees 651
Founded year 2008
Type private
SAICS CODE 7372
NAICS Code 511210
Industry eCommerce
Location San Jose, California, United States
Parent Company adobe.com
Pricing Strategy Subscription-based
Magento
Firmographic Snapshot
2026
2008
Founded Year
651
Global Employees
United States
Headquarters
eCommerce Industry
Private
Type
Verified by
DexterAgent.ai
How much funding has Magento raised to date?
Name
Description
Funding Amount
USD 250 Million
Stage
Private Equity
Latest Valuation
1.7 Billion (USD)
Lead Investor
Hillhouse Capital
Investors
Hillhouse Capital
What are Magento's Core Products?
Name
Description
Adobe Commerce Platform
A cloud-based tool for building personalized storefronts and managing sales.
AI-Powered Merchandising
Enhances customer experiences with AI for product recommendations and search.
What are the latest developments at Magento?
Date
Type
Description
May, 2018
Acquisition
Adobe acquired Magento for $1.68 billion.
What industry awards and recognitions has Magento received?
Date
Type
Description
May, 2018
Recognition
Named a leader in the 2018 Gartner Magic Quadrant for Digital Commerce.
Magento VS Shopify VS WooCommerce VS BigCommerce : 2026 Comparison
Feature
Magento
Shopify
WooCommerce
BigCommerce
Core Strengths Adobe Commerce Platform, AI-Powered Merchandising
Shopify Platform, Shopify Payments, Shopify POS
WooCommerce Plugin
BigCommerce Platform, Feedonomics, Makeswift
Founded Year 2008
2006
2008
2009
Stock Name/Ticker SHOP (NYSE), SHOP (TSX)
BIGC (NASDAQ)
Type private
public
private
public
Global Employees 651
8100
400
1300
Revenue (Annual) $115.7 Million(2025)
$563 Million(2024)
$342.1 Million(2025)
Headquarters San Jose, California, United States
Ottawa, Ontario, Canada
San Francisco, California, United States
Austin, Texas, United States
Latest Valuation $1.7 Billion
$146.7 Billion
$0
$0
LATEST REVENUE (TRILLIONS USD)
EMPLOYEE COUNT (THOUSANDS)
INNOVATORS
VISIONARIES
DISRUPTORS
GIANTS
Shopify
563 | 8100
BigCommerce
342.1 | 1300
Competitive Landscape 2026
DexterAgent.ai
What are Magento's official legal and registration details?
Name
Description
Legal Name
Magento, Inc.
Cin number
GST number
Registration number
Who is in Magento's executive leadership team?
Name
Designation
CEO
Mark Lavelle
Chief Financial Officer
Phillip DePaul
Head of Global Rewards, HRIS
Kevin Maguire
Where are Magento's primary office locations?
City
Country
San Jose
United States
Campbell
United States
What are the current business signals and market intelligence for Magento?
Spending next 3 months
Product Development, Global Expansion, Customer Support Enhancement
Pain points
Scalability, Customization, Integration
Sales motion
Direct Sales, Partner Channels
Buyer Persona
Enterprise Retailers, Mid-sized Businesses
Type of customer
B2B, B2C
Key customer domain
ford.com, coca-cola.com, asus.com
Annual ACV
$100,000 - $500,000
What is Magento's annual revenue history?
Year
Revenue (USD)
2025
115.7 Million
What are Magento's risk management and compliance ratings?
GDPR RIsk
Yes
Privacy Risk
Yes
Company Ratings
4.1
Glassdoor Rating
4.1
Saas
Yes
Offline Stores
No
Service
Yes
Ecommerce
Yes
Exporter
Yes
Mobile App
No
Retail
No
B2B
Yes
B2C
Yes
Manufacturing
No
Wholesale
No
Importer
No
