Vaimo gets a follow-up investment from transcosmos.

Vaimo, s Stockholm, Sweden-based company providing customized software solutions on Magento platform, announced that transcosmos has made a follow-up investment in the company with the aim of strengthening the partnership.

This second investment reinforces the partnership which Vaimo and transcosmos entered into on September 9th, 2015, which saw transcosmos invest in Vaimo.

While transcosmos bolsters its presence in the European market, Vaimo can continue to offer clients a portal into the Asian commerce market.
Vaimo, founded in 2008 by CEO David Holender, PJ Utsi and Staffan Palopää, is a global strategic partner and supplier of omnichannel solutions that offers digital experiences on the Magento commerce platform and PIM solutions on inRiver Product Marketing Cloud and Akeneo Open Source platform. The company has deployed over 400 solutions, and opened 15 offices in 12 countries worldwide, with 300 employees.

transcosmos, which originates from Japan, where was founded in 1966, originally invested in Vaimo with the intention of creating a gateway for their clients into the European market and vice versa help Vaimo’s clients to enter Asian markets. Moving forward, transcosmos will deepen its partnerships with TRANSCOSMOS (UK) LIMITED, the sales and business base of the company in London, UK, and transcosmos Information Systems Limited (TCIS), their UK-based call centre/BPO services company that encompasses service offices in the UK, USA, Hungary, Romania, Poland, and the Philippines.