Magento officially started development in early 2007, however Varien published the first general-availability release of the software on March 31, 2008. Roy Rubin, former CEO of Varien, later sold a substantial share of the company to eBay, which eventually completely acquired and then spun off the company.
Over time, Magento was available in three versions: Community Edition (free), Enterprise Edition (paid) and Magento Go - a cloud-based eCommerce solution that included web hosting by Magento Inc. It was launched in February 2011 and on July 1, 2014, Magento Inc. announced that they would be shutting down the Magento Go platform on February 1, 2015.
Why do we recommend Magento?
Magento provides plenty of features and it’s an open-source eCommerce solution with all kinds of flexibility. You’re the one in control with this eCommerce solution and you can change the look, content and how it functions. The way Magento is set up makes it easy to use it for search engine optimization and you can even use it as a catalog-management tool.
It is the leader in eCommerce shopping cart solutions. They provide a huge variety of features, tools and customization. Magento provides better SEO benefits than any other shopping cart on the market with targeted promotion and merchandising. They also allow for multiple payment and shipping option. Many large businesses trust their shopping cart needs to Magento.
Many have praised the technical support and some have even called it the best in the business. It’s suited for professional online stores and works great for anybody trying to run a fully online or partially online business.
Who should use Magento?
Magento is perfect for those looking for full control over the customization of their online store. Medium or large businesses or those planning to grow quickly will find the features of Magento a better fit than other ecommerce solutions.
With plenty of experience behind this program, since it was founded in 2001, you won’t struggle to find answers to your questions. A recent partnership with eBay makes the system even more powerful and adds more developers to the community.
Magento in numbers
- 150.000+ online stores using Magento
- 500.000+ downloads in less than 1 year since it has been launched
- Google revealed that there have been more searches for “Magento” than “ecommerce”
- 31%+ The Market share
- 800.000+ programmers in the community
- 9.000+ available extensions
- 10.000+ international brands using Magento