Today we will go over What exactly is a Magento and where it started.
Magento is owned by eBay Inc and was started in March of 2008. Since then it has become the domination eCommerce platform for small, medium, and mid-large sized ecommerce companies.
You can read more about Magento as a company at http://magento.com/ . It is important to note that with eBay's backing it is deeply rooted in the technology sector and Magento won't be going anywhere soon.