Raising $60 mln and acquiring Zeetl, Hootsuite prepares for more growth—and an IPO

When Ryan Holmes founded Hootsuite Media in 2008, he had two key objectives in mind. He wanted his startup to be a leading driver of social media innovation on a global scale. He also wanted to build it into a billion-dollar company that would stay true to its Canadian roots. Holmes and Hootsuite have made significant progress on both counts. This week, the company announced it has closed a US$60 million follow-on financing, which brings its total raise of venture capital since 2009 to a whopping US$250 million.

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