Shopify, the Ottawa-based ecommerce platform that is one of the biggest success stories in the Canadian technology sector these days, announced that it is acquiring San Francisco-based Kit, which offers an online marketing assistant for ecommerce portals. Terms
The numbers are in and they look pretty good. Over the past year Canadian companies raised over $1 billion in venture capital financing. This is a very encouraging sign for the health and viability of Canada’s technology sector.