The e-commerce marketplace, which counts Shaw Communications, Slaight and Torstar as investors, has raised new funding from backers including Scotiabank.

Shop.CA, the Canada-based e-commerce company backed by telecommunications firm Shaw Communications and media companies Torstar and Slaight Communications, has raised C$20m ($16.1m) in new funding, CEO James Haggarty has told Reuters.

Financial services firm Scotiabank led the round, which included contributions from undisclosed new and existing investors. The company’s total funding now stands at about C$75m.

Founded in 2012, Shop.CA operates an e-commerce platform through which approved partners can list and sell products and services to a Canadian customer base.

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