The Austria-based software program firm will leverage funding to disrupt conventional licensing enterprise fashions with a strong enterprise open-source various to legacy distributors.
September 27, 2022 – Pimcore, the main enterprise open-source software program platform for PIM, MDM, DAM, DXP and E-Commerce, has closed $12 million in Sequence B funding. Led by German tech progress fund Nordwind Progress, the funding will help the Austrian tech firm’s world growth, the commercialization of the open-source platform and continued improvement of disruptive information and expertise administration capabilities for enterprises.
Pimcore is an open-source software program platform for managing information and buyer experiences for any channel, gadget, or trade. It’s the solely seamless platform integrating out-of-the-box product data administration, content material administration, digital asset administration and e-commerce functionalities, boosting time-to-market whereas remaining appropriate with any IT infrastructure or system structure. As the one open-source platform of its form, Pimcore constitutes a strong various to typically costly and rigid information platforms.
“We’ve recognized an unimaginable want for extra versatile and related information options for world enterprises, and we strongly imagine that management over mental property and software program belongs within the palms of our prospects and companions. That’s why we have now developed our know-how to be utterly freed from any license prices,” says Dietmar Rietsch, CEO of Pimcore. “Our open-source mannequin is unprecedented amongst product information administration and expertise administration distributors, and we’re excited to make use of this funding to supercharge these capabilities for enterprises around the globe.” Pimcore is offered in three completely different editions: The free and open-source Group Version, which is utilized by most of Pimcore’s 100,000 prospects, the Enterprise Version for enterprise information and expertise administration eventualities, and at last the brand new Pimcore Cloud Version, the extremely configurable SaaS product.
For extra data on Pimcore’s information administration and buyer expertise capabilities, please go to www.pimcore.com.
Pimcore is a software program vendor free of charge and open-source buyer expertise administration, digital asset administration, product data administration, multi-channel publishing and e-commerce software program. The corporate is predicated in Salzburg, Austria, with 150 licensed companions across the globe. For extra data, go to www.pimcore.com.
About Nordwind Progress
Nordwind Progress is likely one of the first German-based progress funds and has a few years of profitable expertise in scaling and increasing progress corporations. The traders of Nordwind Progress are, amongst others, well-known entrepreneurs in addition to industrial households, who’re comfortable to make their expertise and community obtainable to the portfolio corporations.
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