Did Hootsuite Just Score $1.9 Million of VC Money?

Posted by Warren Frey

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://www.hootsuite.com
Location:
Vancouver, British Columbia, Canada

Hootsuite is the world’s most widely used social media relationship platform. More than 10 million users, including 744 of the Fortune 1000 companies, trust Hootsuite to manage their social media programs across multiple social networks from one integrated dashboard. Learn more about how Hootsuite is revolutionizing communication at http://www.hootsuite.com. more

Company:
Blumberg Capital
Website:
http://www.blumbergcapital.com
Location:
San Francisco, California, United States

Blumberg Capital is an early-stage venture capital firm that invests in exceptional entrepreneurs with transformative ideas. We partner with passionate founders to disrupt markets through innovation and build successful companies. Our team has extensive experience collaborating with companies in Enterprise Software, Digital and Social Media, Mobile and Consumer Internet. Our relevant operational expertise and... more


blog comments powered by Disqus

Warren Frey

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 when he dived into the WELL on his “Woz”... more



Who's Hiring



Recent Comments

Powered by Disqus