Magento Commerce Receives Investment from Hillhouse Capital to Accelerate Global Expansion and Growth

Magento Commerce Receives Investment from Hillhouse Capital to Accelerate Global Expansion and Growth

CAMPBELL, CA — (Marketwired) — 01/04/17 — Magento Commerce, the worldwide leader in cloud digital commerce innovation, today announced that Hillhouse Capital will make a $250 million investment in the company to fuel Magento–s growth strategy, worldwide expansion of sales, marketing & client support, new product innovation and future acquisitions.Hillhouse is a leading investor known for its long-term investments in companies across all equities stages in China and around the world. Hil

Roy Rubin Joins Magento Board of Directors

Roy Rubin Joins Magento Board of Directors

CAMPBELL, CA — (Marketwired) — 10/19/16 — Magento Commerce, the worldwide leader in cloud digital commerce innovation, today announced that its co-founder and former CEO, Roy Rubin, has joined the company–s Board of Directors. A proven commerce industry veteran and strategic investor, Rubin brings both industry perspective and firsthand knowledge of Magento–s core business. He joins Bill Halloran, senior partner in Bain & Company–s technology practice, as the second independent direct