Digital River was founded in 1994 by Joel Ronning and Michael Hansen. The company initially focused on providing e-commerce solutions for software publishers, helping them sell their products online. Over the years, Digital River expanded its offerings to include payment processing, fraud prevention, and marketing services.In 2003, Digital River went public and began trading on the NASDAQ stock exchange. The company continued to grow through acquisitions, expanding its reach into new industries and geographies. In 2015, Digital River was acquired by an investor group led by Siris Capital Group, a private equity firm.Today, Digital River serves over 300 clients worldwide, including some of the biggest names in technology and e-commerce. The company’s Commerce-as-a-Service platform enables businesses to sell their products and services online, manage their payments, and optimize their marketing efforts.Digital River’s solutions are designed to be flexible and scalable, allowing businesses of all sizes to benefit from their technology. The company’s global infrastructure ensures fast and reliable payment processing, while its fraud prevention tools help businesses minimize the risk of fraudulent transactions.In addition to its core e-commerce services, Digital River also offers a range of value-added services, such as tax management, compliance, and customer support. These services help businesses navigate the complexities of global e-commerce and ensure a seamless customer experience.Overall, Digital River is a leading provider of e-commerce and payment solutions, helping businesses around the world sell their products and services online. With its comprehensive suite of services and global reach, the company is well-positioned to support the growing needs of the digital economy.

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