Social Media Service HootSuite Raises $165 Million In Big Financing Round

The popular app, HootSuite, which allows managing of multiple social accounts raised funds around $165 million for financing. Last year they raised $20 million. This year the company is planning to expand their service in international level which includes Europe and Latin America. Though the company is just four year old, it has acquired a good revenue growth during the quarter of 2012. The company employs 300 people with users around 7 million. It is reported that around 156 countries use this app.

HootSuite shows the growth of social media too. It supports many medias like Twitter, Facebook, Linkedin etc…

They have also helped social networks like Facebook, Pinterest to gain more popularity among people.

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