Bessemer Venture Partners

Founders say they aim to be at the forefront of a new generation of made-in-Ottawa tech titans led by the “Shopify mafia”.
Company will use the fresh equity to fuel its continued expansion as it builds out its subscription-based platform that backs up customers’ sales and financial data in the cloud.
Shopify will raise about $246 million through the sale of five million treasury shares, the company said Wednesday.