PrestaShop Unveils $1 Million Developer Integration Fund
E-commerce solutions provider PrestaShop has unveiled a $1 million Developer Integration Fund that is dedicated to driving new module development.
Currently the PrestaShop Addons marketplace offers more than 5,000 modules that plug into the PrestaShop e-commerce platform. Most of these modules are developed by third-party contributors, and the company projects that contributors who sell their modules on PrestaShop Addons will generate $5 million in revenue in 2015.
That said, the $1 million Developer Integration Fund will be a separate fund dedicated to promoting innovative module development with up-front funds to launch new, unique and localized addons.
“When we started PrestaShop, there were 750 people in the community and today, we’re rapidly approaching one million people,” said Bruno Leveque, founder of PrestaShop. “Within the community, we have tens of thousands of trained developers located all over the world. The integration fund will enable this enormous pool of talent to focus their time and development skills on technology gaps in the market. I know what these developers are capable of and I’m extremely confident that we will announce some incredible innovations coming out of this fund.”
This announcement follows the company’s release of PrestaShop Cloud back in January, which is a free cloud platform that enables merchants to set up an online store in just a few clicks. In fact, PrestaShop Cloud is a fully hosted version of the PerstaShop e-commerce platform that shows the company and the community’s commitment to making e-commerce accessible for all.
“With the launch of PrestaShop Cloud, merchants in all geographies now have access to a powerful open source ecommerce solution,” said Charles Wells, chief product officer of PrestaShop. “We believe the combination of PrestaShop Cloud plus all of the innovative modules and themes in the Addons Marketplace will open up the ecommerce market to a wave of new merchants who were unable to participate before.”