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Chris Davison
Head of Investor Relations
+44 20 7632 1000
Human resources
Caroline Carr
Chief Human Resources Officer
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Noémie de Andia
Head of Communications
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Denise Gallagher
Marketing Manager
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Permira Holdings Limited
Alistair Boyle
+44 1481 743200
Permira Debt Managers
James Greenwood
+44 2076321000


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

4th January 2017

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. Hillhouse is partnering with the Magento management team and the Permira funds, who will continue to own a majority stake in the company, in backing the long-term vision of the company.

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