Shopify raises $100 million Series C to expand offline into general commerce

TECHi's Author Brian Molidor
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Brian Molidor
Brian Molidor
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Shopify has made its name and accumulated 80,000 businesses as customers by providing a simplified ecommerce and inventory system, but now it’s moving offline. The company is expected to announce a $100 million Series C funding round Thursday led by OMERS Ventures and Insight Venture Partners to provide offline commerce services for businesses.

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Dealbook

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Shopify may have begun seven years ago as an online store for three friends to sell snowboards. But as the company’s growth has exploded, so has its goal: becoming a giant of commerce, both on and off the web. Now the start-up is receiving a substantial amount of help in that aim.

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