Magento Raises $22.5M
Los Angeles-based Magento Commerce, a developer of open source, e-commerce software tools, has raised $22.5M in an equity funding round, according to a regulatory filing by the firm today. Source of the new funding was not disclosed. Magento (which lists its corporate name as Varien) is headed by Roy Rubin.
posted on Monday, March 15, 2010 (Link to more information)
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