Congratulations to Vancouver’s Hootsuite on raising $165 million in venture capital financing. The Series B round was led by Insight Venture Partners with participation from Accel Partners and OMERS Ventures, which participated in its previous round as well. This is the largest ever venture capital investment in a Canadian software company.
Hootsuite was founded in 2009 and provides software that allows enterprises and other organizations to implement, manage, and track their social media campaigns and activities across the most popular social networks.
For more information about the deal, click here.