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Did Hootsuite just score $1.9 million of VC money?

Posted by Warren Frey on Fri, January 8, 2010 5:06 PM · Filed under Vancouver , Funding & Exits · Comments

It appears they may have. News broke by way of Ian Andrew Bell’s tweet, where he pointed to documents at the SEC (US Securities and Exchange Commission) showing one David Blumberg of Blumberg Capital, on a notice of exempt offering of securities. The amount offered? $1.9 million in equity. 

 

TechCrunch also covered the story, but noted Hootsuite continues to face competition from Seesmic, Tweetdeck and others.

 

Still, quite a coup for a Vancouver firm. But as @ianb says, where were the local VCs in all this? At this point, out in the cold, cold Vancouver rain. 

 
Company:
HootSuite Media, Inc.
Website:
http://hootsuite.com
Location:
Vancouver, British Columbia, Canada

HootSuite helps organizations use the social web to launch marketing campaigns, identify and grow audience, and distribute targeted messages across... [more]

 

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Warren Frey
Warren Frey is a writer, editor, blogger and podcaster based out of Vancouver, BC. After working for six years in the Canadian broadcasting industry, he switched to print and has since covered varied assignments from plumbing conferences to star-studded film galas. But he’s never lost his love for the internet and interactive media, from his teens...[more]

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