Vaimo enters in a partnership with transcosmos, gets investment.

Vaimo, a Stockholm, Sweden-based company providing customized software solution based on Magento, announced that it entered into a strategic partnership with the Japanese transcosmos.

Within the partnership transcosmos has also made an investment in Vaimo. For Vaimo’s clients the partnership means that they now get a gateway into the Asian eCommerce market, which is the fastest growing eCommerce market in the world, while transcosmos’ clients will get access to Vaimo’s extensive Magento experience.

Vaimo, founded in 2008 and led by CEO David Holender, is one of the leading global full service eCommerce solution providers on the Magento platform. The company has grown from three people to almost 200 employees in 8 countries, since the start of the business seven years ago.

The deal with transcosmos, making them a minority shareholder, strengthens Vaimo’s already strong financial situation and opens up for a continued rapid expansion of 30-40 per cent on a yearly basis. Vaimo’s ultimate goal and vision – to become the world’s leading Magento solution provider– is shared and supported by transcosmos. Vaimo was awarded with the 2015 EMEA Ecommerce Partner of the year award by eBay Enterprise and they are amongst the top 10 Magento solution partners in the world.