The company plans to use the new capital to expand its team, consider strategic acquisitions and create a fund to fuel its App community.
In addition to this funding, Shopify has also launched The Shopify Fund. This fund is meant to encourage and finance developers to create e-commerce add-ons that plug into the Shopify platform.
In august 2011, Shopify has also partnered Zibaba to provide its customers with the ability of creating a Facebook store.
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