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September 5, 2013 03:00 pm GMT

Hearsay Social Raises Another $30M To Help Businesses Grow Sales Through Social Media

hearsay-socialHearsay Social, a startup offering for reaching sales leads and customers on social networks, is announcing that it has raised $30 million in Series C funding.CTO Steve Garrity told me Hearsay has had "a fantastic year" (more on that in a second), and the company raised the round to further accelerate growth, particularly by hiring to expand the product development, customer support, and sales teams. And since the funding came from Hearsay's existing investors (the round was led by Sequoia Capital and New Enterprise Associates), it was a quick fundraising process, he said.

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