Oro, an open-source B2B ecommerce platform from Magento’s cofounder, raises $13M

Oro, an open source ecommerce platform co-created by Magento’s cofounder and former CTO, today announced it has raised $13 million in a strategic growth round of funding.

Founded in 2012, Los Angeles-based Oro’s platform constitutes a range of applications, including OroCommerce, its flagship B2B ecommerce platform for building storefronts and marketplaces; OroMarketplace, an end-to-end management platform specifically for marketplace businesses; a customer relationship management platform (CRM) called OroCRM; and OroPlatform, a rapid web app development platform.

While similar players in the space such as Shopify<...

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