Shop.ca Secures $31 Million in Series B Funding

BY: 

Dave Forde
May 5, 2014

As they continue on their plan to be the largest online shopping destination in Canada, SHOP.CA announced it has closed $31 million in Series B funding.

Shop.caNew investors in this round of funding include Shaw Ventures, an affiliate of Shaw Communications Inc., alongside a select group of large North American financial institutions. SHOP.CA’s existing investors, including Torstar Corporation, Slaight Communications, Difference Capital and a host of SHOP.CA team members also participated in this financing.

This latest round brings the total cash raised to date to $52 million in less than two years.

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Dave Forde


Dave “The Connector” Forde has been involved in the marketing, public relations and technology industry across Canada for over 20 years in various sales and marketing roles, he launched The Connected One network of business sites which connects buyers to the right sellers. Profectio and PR In Canada covers news about the marketing and public relations industry each day helping professionals advance their career and businesses. He also serves as an advisor to a number of businesses across the country. Find Dave on LinkedIn and Twitter.


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