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Pimcore, the leading enterprise open-source software platform for product data management (PDM), master data management (MDM), digital asset management (DAM), digital experience management (DXP), and also eCommerce, has closed $12 million in Series B funding.

“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 PDM and DXP vendors, and we are excited to use this funding to supercharge those capabilities for enterprises worldwide.”

Pimcore, founded in 2013, has experienced significant growth with its innovative platform, serving over 100,000 companies across 56 countries. Additionally, the company plans to utilize the new funding to develop the platform further and expand its customer base.

Pimcore is revolutionizing enterprise software with its innovative approach to product data management (PDM), master data management (MDM), digital asset management (DAM), digital experience management (DXP), and eCommerce.Also, the company’s commitment to offering a license cost-free solution makes it an attractive option for enterprises of all sizes. At the same time, its open-source model empowers enterprises to have complete control over their data. With the recent funding round, Pimcore is ready to drive its growth and solidify its position as the leading enterprise open-source software platform.

More information on Pimcore deal can be found here.

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