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August 1, 2013 10:26 pm GMT
It was a little over a year ago when we reported that Vancouver-based HootSuite, the platform that lets enterprises manage social media accounts, was raising a $50 million round at a $500 million valuation.Fast forward one year later it looks like investors are instead tripling down: HootSuite is today announcing a Series B round of funding of $165 million to take its business to the next level. This latest round -- led byInsight Venture Partners with participation from Accel Partners and existing investor OMERS Ventures -- is one of the biggest for a startup this year, and brings the total raised by HootSuite to date to nearly $187 million.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7CfANFPbDac/
HootSuite Raises $165M Series B Round From Insight, Accel And OMERS To Go Large On Enterprise Social Media Monitoring
It was a little over a year ago when we reported that Vancouver-based HootSuite, the platform that lets enterprises manage social media accounts, was raising a $50 million round at a $500 million valuation.Fast forward one year later it looks like investors are instead tripling down: HootSuite is today announcing a Series B round of funding of $165 million to take its business to the next level. This latest round -- led byInsight Venture Partners with participation from Accel Partners and existing investor OMERS Ventures -- is one of the biggest for a startup this year, and brings the total raised by HootSuite to date to nearly $187 million.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7CfANFPbDac/
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