While global e-commerce sales are on course to grow to 4.8 trillion dollars by 2021, Adobe has announced to acquire Magento for $1.68B. Magento offers a platform to setup an online store and the corresponding backend systems for shipping, marketing, order management and business intelligence.
As you’d expect they’re not the only ones in this fast-growing market.
E-commerce platform aimed specifically at indie brands and retailers that want to start an online store. The company was founded in 2012 in Stockholm and is funded by an impressive list of investors including Balderton Capital and Thrive Capital.
Website platform to create anything from simple portfolio website to full-fledged e-commerce shops. The company was founded in 2006 in Israel. Before the IPO in 2013 its largest investors were Bessemer Venture Partners, Benchmark and Mangrove Capital Partners.
Website platform aimed at SMB to create professional looking websites at a low cost. The company was founded in 2007 and raised capital from Spectrum Equity.
Do you want to dive deeper into the data?
Do you want to dive deeper into our data to identify promising e-commerce companies? Magento’s similar companies tab is a great place to start.