Fast Growing API-Based Commerce Platform Vendor commercetools Invests $17 million in International Growth and Development

New Offices in APAC, UK and Benelux Aimed at Driving Growth Through Expansion of Partner Network and Support of Global Enterprise Clients

MUNICH (Germany) / DURHAM (USA), September 20, 2018 – commercetools, a global leader in next-generation commerce software, is one of the fastest growing commerce platforms in the industry.  To further fuel the company’s growth, commercetools is investing $17 million in expansion in the Asia-Pacific region, as well as in the United Kingdom, the Benelux, Scandinavia, and North America. Global services expansion as well as the development and enhancement of the company’s technology are the two primary investment goals. As such, commercetools is further expanding its support and operational services to support customers and partners worldwide. New offices are planned for London and Singapore.

Global presence and focus on innovation

Global analyst firm Forrester also recognized commercetools recently, naming the company a “Contender” in the Forrester Wave: B2C Commerce Suites, Q3 2018. In the report, Forrester gave commercetools the highest possible scores in the platform architecture, product vision and road map, and delivery model criteria.  According to the report, “The platform is ideal for those planning to take a ‘strangle and replace’ approach to migrating off a legacy platform. Its true value is to those who want to deliver the next generation of commerce experiences."²

Parent company REWE Group is proud of the development of the company.

¹ Gartner, “Magic Quadrant for Digital Commerce,” Penny Gillespie, Jason Daigler, et al., 5 June 2018

² The Forrester Wave™: B2C Commerce Suites for Q3, 2018; Forrester Research, Inc.