PrestaShop was founded in 2007 and provides free e-commerce software based on the innovative open source principle. PrestaShop is currently used by more than 250,000 e-commerce shops in 180 countries. The company and its community enable e-commerce merchants to quickly and cost-effectively create a professional and individual online shop. PrestaShop is on the 2016 Inc. list of the 5000 fastest growing companies in Europe and received the CMS Critic Award as the best e-commerce solution for SMEs. PrestaShop has its own office in Berlin, which serves the German, Austrian and Swiss markets. The company has offices in the USA and France and is financed by XAnge Private Equity, Seventure Partners and Serena Capital.