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HootSuite announces $1.9 Million in Financing


January 12th, 2010

Ryan Holmes, CEO of HootSuite, announced the finalization of $1.9 million USD of venture financing. The announcement comes on the heels of two significant releases including a HootSuite version for Apple iPhone and an update adding WordPress to the supported publishing platforms which already include Facebook, LinkedIn, Ping.fm and of course, Twitter.

The financing came from a high profile syndicate including Hearst Interactive Media, Blumberg Capital and prominent angel investors Social Concepts, and Geoff Entress.

CEO Ryan Holmes says, “This funding keeps HootSuite on track towards becoming the ultimate social media dashboard. We look forward to reaching wider audiences, and helping all manner of on-line projects and personalities communicate better with their audiences.”

HootSuite was created by Invoke Media in November of 2008 as a Twitter solution for its social media department and quickly evolved to provide brand monitoring, file-sharing, and social network integration. After only one year on the market, HootSuite has built a reputation as an essential tool for new marketers and consumers. Our more than 300,000 users include Whitehouse.gov, Disney, Time, Martha Stewart Media and SXSW.

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  1. January 12th, 2010 at 13:04 | #1

    Congrats Ryan and the Hootsuite team !!!

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  2. January 12th, 2010 at 13:04 | #2

    Thats great news :-)

    Well done guys :-)

    Can’t wait to see what happens with it now :-)

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  3. January 12th, 2010 at 13:06 | #3

    Congrats to Ryan and the whole team !!!!!!

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  4. January 12th, 2010 at 13:21 | #4

    hootsweet $money$ for the hootsuite… congratulation, and keep up the amazing work!

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  5. Lori
    January 12th, 2010 at 13:33 | #5

    Congrats! Well deserved. Looking forward to seeing what it does for HootSuite!

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  6. January 12th, 2010 at 15:16 | #6

    Well done!! Securing your upcoming developments and my Tweet sanity, see you guys in May when visiting Vancouver Digital Week with a 15 mobile developers from the low lands :-)

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  7. January 12th, 2010 at 17:10 | #7

    Good news. I use HootSuite on laptop – hope to see it soon for Droid

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  8. January 12th, 2010 at 17:12 | #8

    Nice work Hootsweet; you deserve the best because you are the best! Your tool has allowed me to look at social media from a new set of eyes. Thank you and keep up the great work!

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  9. January 13th, 2010 at 04:20 | #9

    Click only Adsense

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  10. January 13th, 2010 at 11:34 | #10

    Congrats guys! I love your work! keep it up! bought the iphone app within seconds of it coming out!

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  11. January 13th, 2010 at 14:11 | #11

    Outstanding Team. Outstanding product. Outstanding news. No surprise there. Congrats.

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  12. January 13th, 2010 at 16:42 | #12

    Congratulations Ryan! Hoping a Blackberry app in the works ;)
    Great success story for Vancouver tech sector. Keep up the great work!

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  13. January 13th, 2010 at 20:52 | #13

    Congratuations!!! from
    http://familyforest/twitter.com
    http://www.familyforest.com

    Now what will you do with all that money!????
    Maybe some R&R

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  14. January 14th, 2010 at 13:12 | #14

    Way to go Invokers! You rock my socks. See you soon

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  15. Kate
    January 18th, 2010 at 16:40 | #15

    Congrats guys! Woot! Woot! Woot!

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  16. January 20th, 2010 at 14:18 | #16

    I love this program, as it has made my life and the life of my clients so much easier being able to post simultaneously to Facebook, Twitter & LinkedIn! WordPress is a very powerful blogging tool. but it’s not the easiest nor for the novice, non-technical user. Are there any plans to support Google Blogger in the future?

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  17. January 22nd, 2010 at 22:11 | #17

    Thats amazing news. I am very happy for you guys because this is an awesome application. Will there always be a free version to this?

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  18. February 5th, 2010 at 06:40 | #18

    Congratulations and you guys surely deserve it! I look forward to the potential innovations this funding will provide to HootSuite!

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  19. April 19th, 2010 at 16:08 | #19

    I’m happy for you guys – hope the financial investment pays off for you.

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  20. March 13th, 2011 at 03:06 | #20

    Did the financing work out for you in the end? I’m very interested to know the results of financial influxes in different business models.

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