On Road to IPO, Shopify Raises $100M to “Bridge Clicks and Bricks”

Canadian startup Shopify Inc. has raised $100 million to challenge juggernauts like Amazon.com Inc. and eBay Inc. in the arena of merchant software and services.

Shopify’s systems help merchants sell as easily online as they do offline, or vice versa.

Omers Ventures and Insight Venture Partners led the round, joined by the company’s prior backers, said Chief Executive Tobias Lütke, including Bessemer Venture Partners, FirstMark Capital, Georgian Partners and Felicis Ventures.

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