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September 03, 2015 10:52 PM ET

Internet Software and Services

Company Overview of Digital River Inc.

Company Overview

Digital River, Inc. provides end-to-end cloud-commerce, payments, and marketing solutions to various companies in the United States, Europe, the Asia Pacific, and South America. Its solution combines a Commerce-as-a-Service commerce technology platform, commerce business infrastructure (CBI), and a suite of services to help businesses to avoid the costs and risks of running an integrated global commerce operation in-house. The company offers various services, including design, development, and hosting of commerce stores; merchandising; order management; fraud prevention screening; processing of popular localized online payment methods; export controls and management; tax compliance and manag...

10380 Bren Road West

Minnetonka, MN 55343

United States

Founded in 1994

1,317 Employees



Key Executives for Digital River Inc.

Chief Executive Officer and Director
Age: 52
Chief Financial Officer
Chief Operating Officer and Executive Vice President
Age: 55
Senior Vice President, General Counsel and Corporate Secretary
Age: 59
Executive Vice President and General Manager of Commerce
Age: 60
Compensation as of Fiscal Year 2015.

Digital River Inc. Key Developments

Digital River, Inc. and Mirum Form Strategic Partnership to Help Merchants Build Stronger Brands Across Direct Ecommerce Channels

Digital River Inc. announced a strategic partnership with Mirum. With years of ecommerce and emarketing experience, together the companies are recasting the ways rich online content and ecommerce are united to build stronger brands and drive direct sales. Because of the complexity involved in building ecommerce systems, many brands end up with streamlined stores that, while functional, offer utilitarian shopping experiences. Mirum and Digital River believe there is considerable opportunity to both entertain and educate customers during the online buying process and, as a result, build enduring relationships that will lead to an increase in sales conversions.

Digital River, Inc. Signs on Global Payments Agreement with Tenfu Tenmax

Digital River Inc. announced that it signed a global payments agreement with Tenfu Tenmax. Tenmax is using the Digital River World Payments solution to support its rapid global expansion plans and offer localized payments across Southeast Asia, Japan, Korea, Russia and the United States. The Digital River solution will offer Tenmax customers online credit card and local payments.

Digital River Inc. Appoints Hoke Horne Chief Financial Officer

Digital River Inc. announced the appointment of Hoke Horne as the company as chief financial officer, effective June 24, 2015. In this role, Horne, who has more than 20 years of financial experience, will be responsible for the company's accounting, finance, tax, corporate development and enterprise operations activities. Horne's professional background includes extensive knowledge of finance, IT, operations, cost management and pricing. He joins Digital River from Groupon, a global ecommerce marketplace that offers subscribers discounts on activities, travel, goods and services.

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