Facebook PMD Hearsay Social raises $30M in Series C funding

Hearsay Social, a Facebook Preferred Marketing Developer in pages and apps, announced Thursday that the company has raised $30 million in Series C funding, led by existing investors Sequoia Capital and NEA. This brings the company’s funding to $51 million.

Hearsay Social plans to use this latest investment to accelerate growth within the insurance and financial industries, ramping up product development, customer success, expanding into international markets, and boost staffing.

CEO Clara Shih commented on the latest round of investments:

From day one, our mission has been to deliver success for sales organizations in the social media era.