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Magento Scores $22.5 Million For Open Source E-commerce Platform Play

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| Magento currently has over 60,000 merchants 
| using its software, which was downloaded about 
| 1.5 million times as of January 2010. The 
| company also says they’ve registered over $15 
| billion in transactions to date. The roadmap 
| for the future is apparently paved with 
| additional products, with a number of “Mobile 
| Commerce, Saas offering and other 
| products/services” coming later this year.
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http://techcrunch.com/2010/03/15/magento-scores-22-5-million-for-open-source-e-commerce-platform-play/


Recent:

Forum Functions for Open-Source E-Commerce Platform

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| Forum functionality is now available for Open
| Source eCommerce platform Magento through
| integration with vBulletin - the major Open
| Source forum publishing software. The
| extension that provides close integration
| between the two platforms was developed and
| released by AITOC, Inc. this November.
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http://www.newsfactor.com/story.xhtml?story_id=1200023JXBSO&full_skip=1


The PeC Review: Magento Is the Open Source Powerhouse

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| Magento is an open source ecommerce platform designed to empower online
| merchants and remove barriers in business process and flow. The platform has
| been downloaded more than 600,000 times, Magento says, perhaps making it the
| fastest growing ecommerce solution in the market.
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http://www.practicalecommerce.com/articles/925-The-PeC-Review-Magento-Is-the-Open-Source-Powerhouse-
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