Tech Company Financing Transactions
Shopify Funding Round
On 10/17/2011, Shopify raised $15 million in Series B funding from Bessemer Venture Partners, Felicis Ventures and FirstMark Capital.
Transaction Overview
Company Name
Announced On
10/17/2011
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Proceeds Purpose
The company plans to use the money to expand its team of 70 employees, explore partnerships and acquisitions and build up the number of developers who build off the Shopify platform.
Company Information
Company Status
Publicly-held
Industry
ECommerce
Mailing Address
150 Elgin St. 8th Floor
Ottawa ON, K2P 1L4
Canada
Ottawa ON, K2P 1L4
Canada
Phone
Website
Email Address
Not Recorded
Overview
Shopify (NYSE: SHOP) offers a complete ecommerce solution that allows you to set up an online store and easily sell your goods. It lets you organize your products, customize your storefront, accept credit card payments through payment gateways, track and respond to orders -- all with a few clicks of the mouse.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tobias Lutke
Chief Financial Officer
Russ Jones
Chief Technical Officer
Cody Fauser
VP - Marketing
Craig Miller
VP - Sales
Jeremy Cochrane
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Prev: 10/17/2011: Treehouse venture capital transaction
Next: 10/17/2011: SideTour venture capital transaction
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Where The Data Comes From
We do our best to record funding rounds that are announced publicly. All VC database entries on this site come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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