HootSuite CEO Puts His Money Where His Tweets are: Ryan Holmes Invests in Chirpify

Posted by Rob Lewis

Late last month, Vancouver's HootSuite closed a financing round with OMERS Ventures, who bought a $20 million ownership stake in Vancouver-based HootSuite via a secondary purchase from the company’s existing shareholders.

The financing pegged HootSuite's valuation at over $200 million. But more important, it helped CEO Ryan Holmes and his co-founders and early investors "de-risk" and refocus on their plans to build HootSuite into a billion dollar company.

Looks like the team isn't sitting on their recent windfall. Rather, they're putting their hard-earned money back to work in the Pacific Northwest ecosystem.

Today, Portland's Chirpify announced that it has raised $1.3 million round from an impressive array of investors including Voyager Capital, BuddyTV CEO Andy Liu, investor Geoff Entress, and former Facebook exec Rudy Gadre. Also on that list is Holmes.

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


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more




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