HootSuite Raises $165 Million In Financing, Now Boasts 7 Million Users Worldwide

HootSuite, the Vancouver-based social media management system, yesterday announced that it has secured an additional $165 million in Series B financing, in a deal that is being cited as the largest ever seen in Canadian venture capital history for a software company.

In their press release, HootSuite revealed that the platform now has more than 7 million users in more than 175 countries, including PepsiCo, Virgin, Orange, Sony Music, Telus, HBO, WWF, UPS and Panasonic, amongst 237 of the Fortune 500 companies.

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