Media

Canadian Investors Bet $20 Million on Hootsuite

Published on March 29, 2012
by Peter Kafka

Investors are putting $20 million into Hootsuite, the social media management platform. Canadian fund OMERS Ventures has acquired the stake in the four-year-old company via secondary purchases from employees and earlier investors. Hootsuite, which lets marketers track and manage their presence on social platforms like Twitter, Facebook and Google+, says it has “nearly four million” users; it has previously raised $4.9 million in debt and equity.

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URL: http://allthingsd.com/20120329/canadian-investors-bet-20-million-on-hootsuite/