div class=weblinks weblinks-item weblinks-link-10609 div class=weblinks-body pWe come from the open source roots and that?s what we knew well. We very much believed, and still believe, in the model. We saw other players and other verticals continue to do well. We saw MySQL, we saw SugarCRM, Alfresco and other commercial open source players and we understood that there was a true opportunity in the eCommerce space and that?s really what motivated us to believe that there is a business model around distributing free software./p /div!--class=weblinks-body-- /div!--class=weblinks weblinks-item weblinks-link-10609--

Read more: http://ostatic.com/blog/magento-nabs-22-5-million-in-equity-funding-for-ecommerce-software