Shopify, an Ottawa, Canada-based ecommerce and retail platform used by over 80,000 businesses, closed a $100m Series C funding round.
The company intends to use the funds to expand their recently launched offline retail offering.
Founded in 2006 by CEO Tobias Lütke, ShopifyBy provides a commerce platform that allows users to sell online and at their retail location. It offers a professional online storefront, a payment solution to accept credit cards, and a point of sale system for retail sales.
The company currently serves over 80,000 retailers in 100 different countries, including Tesla Motors, Gatorade, Budweiser, Wikimedia Foundation, Amnesty International, CrossFit.