Pimcore, Salzburg, Austria-based open-source software platform for PIM, MDM, DAM, DXP, and E-Commerce, announced that it closed $12 million in a Series B funding round led by Nordwind Growth.
The investment will support the Austrian tech company's global expansion, the commercialization of the open-source platform, and the continued development of disruptive data and experience management capabilities for enterprises.
"We have identified an incredible need for more flexible and connected data solutions for global enterprises, and we strongly believe that control over intellectual property and software belongs in the hands of our customers and partners. That's why we have developed our technology to be completely free of any license costs," says Dietmar Rietsch, CEO of Pimcore. "Our open-source model is unprecedented among product data management and experience management vendors, and we are excited to use this funding to supercharge those capabilities for enterprises around the world."
Pimcore is available in three different editions: The free and open-source Community Edition, which is used by most of Pimcore's 100,000 customers; the Enterprise Edition for enterprise data and experience management scenarios; and the new Pimcore Cloud Edition, the highly configurable SaaS product.
This funding follows Pimcore's participation in the 2022 Gartner Customers' Choice Awards report for its capacity to establish an open-source ecosystem that can unify digital assets and product information and provide customer experience management and commerce capabilities.
Company: Pimcore GmbH
Round: Series B
Funding Month: September 2022
Lead Investors: Nordwind Growth
Company Website: https://pimcore.com/
Software Category: Data and Experience Management
About the Company: Pimcore is a software vendor for free and open-source customer experience management, digital asset management, product information management, multi-channel publishing, and e-commerce software. It is the only seamless platform integrating out-of-the-box product information management, content management, digital asset management, and e-commerce functionalities, boosting time-to-market while remaining compatible with any IT infrastructure or system architecture. Pimcore is a global data and experience management leader with a 93% recommendation rate. Since 2013, its revolutionary platform has served 100,000 organizations in 56 countries. Over 150 certified implementation and consulting partners support the Pimcore ecosystem. The company is based in Salzburg, Austria, with 150 certified partners around the globe.