Shopify raises $100 Million
Shopify have just announced a raise of $100 million in Series C funding from OMERS Ventures and Insight Venture Partners to our team, along with Bessemer Venture Partners, FirstMark Capital, Georgian Partners and Felicis Ventures.
Shopify, which started in 2006, has over 300 employees and powers over 80,000 online stores in 100 different countries. By the end of the year, these merchants will have sold well over $1.5 billion in products in 2013 alone. Tobias Lütke, Founder & CEO at Shopify claims that although they are the fastest growing ecommerce platform in the world, this is just the beginning.
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