OMERS Ventures, the venture capital investment arm of the OMERS pension plan, announces Kent Thexton is joining its team as Managing Director.
OMERS Ventures portfolio company PasswordBox received top honours as the most promising and cutting-edge app at the Consumer Electronic Show (CES) 2014. PasswordBox has more than one million active users, and is the only free password manager that helps people securely store, retrieve, create and share passwords anytime, anywhere, and on any device.
My internship at OMERS Ventures has come to an end. In a flash my second round of internships are over. It was my first foray in the elusive world of venture capital, and it has been one of my most dynamic career experiences to date.
We’re in the middle of a major revolution in commerce. This revolution is disrupting every aspect of retail: funding, inventory & back office management, payments, distribution, fulfillment and customer service. As a result, the traditional barriers to entry into the retail market are being demolished, giving way to a number of fascinating trends, including the rise of omni-channel retail, and the growing maker movement. Consumers are being empowered to buy any product we want (even rare, unique ones), however we want, from anyone selling them, from anywhere in the world. There has never been a better time to be an entrepreneurial merchant and Shopify’s commerce platform is at the core of this revolution.
Shopify, a leading ecommerce and retail platform used by over 80,000 businesses today announced the closing of a $100 million Series C investment. The investment is led by OMERS Ventures and Insight Venture Partners, with participation from Bessemer Venture Partners, FirstMark Capital, Georgian Partners, and Felicis Ventures. The new round of funding will help the company fully expand their recently launched offline retail offering.