HootSuite Makes $1.9 Million Round Official

Posted by Rob Lewis

HootSuite Media, Inc.'s CEO Ryan Holmes announced the finalization of USD $1.9 Million of financing today in a press release. The official announcement comes on the heels of rumors and two significant releases including a HootSuite version for the iPhone and an update adding WordPress to the supported publishing platforms.

This financing round includes Hearst Interactive Media, Blumberg Capital and prominent angel investors Social Concepts, and Geoff Entress.

Should also give a hat tip to Vancouver's Espresso Capital Partners who provided Invoke and HootSuite with $200K in SR&ED backed bridge financing in October 2009.

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


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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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