Magento Commercerevenue, acquisition & funding
United StatesFounded 2008
Magento Commerce was acquired by Adobe adobe.com.
Magento Commerce revenue
Magento Commerce's annual revenue was $47.4M in April 2021, its last figure before Adobe adobe.com bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $47.4M | – |
– source not recorded
Who owns Magento Commerce
Adobe adobe.com owns Magento Commerce. The date and price of the deal are not on record.
Magento Commerce funding rounds & investors
Magento Commerce has raised $250M in one round, in January 2017.
| Date | Round | Raised |
|---|---|---|
| Jan 2017 | Funding round | $250M |
| Total raised | $250M |
Magento Commerce CEO, founders & employees
Shantanu Narayen founded Magento Commerce in 2008 and led it as CEO. Magento Commerce had 564 employees (April 2021).
- Shantanu NarayenFounder & CEO
Team mix (Apr 2021): 170 engineers, 88 in sales, 16 in marketing
Magento Commerce FAQ
What was Magento Commerce's revenue?
Before Adobe adobe.com bought it, Magento Commerce's annual revenue was $47.4M in April 2021 (source not recorded).
Who owns Magento Commerce?
Adobe adobe.com owns Magento Commerce.
How much funding has Magento Commerce raised?
Magento Commerce raised $250M in one funding round before Adobe adobe.com bought it, in January 2017.
How many employees does Magento Commerce have?
Magento Commerce had 564 employees in April 2021.
Who founded Magento Commerce?
Shantanu Narayen founded Magento Commerce in 2008.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Magento Commerce? Join the podcast