OMERS Ventures led the Series B round, alongside existing backers Whitecap Venture Partners and Round 13 Capital. The company, which opened an Austin office in December 2019, makes checkout, subscription, pricing and other plugins for e-commerce platforms. (The Logic)

Talking point: Bold grew as a Shopify app maker, but it’s now integrated with competing systems like BigCommerce and WooCommerce. Clients also use its technology as part of “headless” commerce stacks, which separate the shopper-facing front end from the technical back end, typically bundled together by those platforms. An increasing number of large merchants are opting for such setups. Sector observers and executives regularly cite Shopify’s ecosystem of app makers and partners as a key competitive advantage; they could turn into partial competitors if more retailers choose to build custom systems from different developers’ parts. Meanwhile, Ottawa-based Rewind, which creates backups for customers’ cloud data and started by archiving Shopify stores, raised a US$15-million Series A led by Inovia Capital.