In a press release from Magento on January 4, 2017, the CEO of Magento Commerce stated:
“Since becoming an independent company only one year ago, Magento is already the largest global commerce platform in the world. Our powerful, cloud-based open platform is supported by a vast global ecosystem of solution integrators and technology partners to enable over 250,000 clients who collectively generate more than $50 billion in annual merchandise volume. But we are only just getting started.”
Additional Highlights Include:
- Magento was again named the number one digital commerce platform on the 2016 Internet Retailer Top 1000, for the fourth consecutive year.
- Hillhouse Capital is investing $250 million in Magento to continue to expand its growth
- Since separating from eBay in 2015, the support of Permira funds has allowed Magento to put together a world-class management team and shifted its business strategy with the release of the Magento Commerce Cloud.
- Magento Commerce Cloud’s standout features Commerce Order Management and Magento Analytics.
More information from the press release can be found at Magento.
In December, Magento also began offering several courses to get a head start on learning Magento 2. These courses are free until 1/31/2017 and enable users to work with the product enhancements and features that are offered in this new product. At ParadoxLabs, we encouraged and supported our team to participate. Congratulations to Jennifer, Brittany and Sandee for completing MANAGING YOUR MAGENTO 2 STORE (ON-DEMAND). More information on the courses offered can be found at Magento U.
Magento also announced their Top Extensions on Magento Marketplace and ParadoxLabs made the list! Check out our extension Autorize.Net CIM Payment Module that stores cards without hurting PCI compliance.