After only launching 3 months ago, Toronto-based ShopLocket has secured $1 million in financing from Rho Canada Ventures and Peter Thiel. The company will use the funds to help “expand its team and accelerate product development.”
Katherine Hague, Co-founder and CEO Katherine Hague added, “E-commerce will no longer be reserved for marketplaces and storefronts. Instead products will find us; on blogs, websites, and in our newsfeeds — just as naturally as the videos and photos we share today”
ShopLocket is trying to take the pain out of adding eCommerce functionality to your website or blog, and allows anyone start selling professionally online in minutes. Simply publish a product, embed it in any website, Facebook page, or blog post, and start collecting orders.
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