Shiba Inu Scam Warning Shocks Community: Fraudsters Use Fake Tokens to Exploit Shibarium Enthusiasts 
South Korea’s $36K Crypto Tax Threshold Sparks 2025 Battle: 20% Gains Levy in the Crossfire 
Nvidia's AI Production Bottlenecks Spark Debate as Demand Skyrockets Beyond Supply Limits 
Trump Pressed to Protect EV Tax Credits Amid China’s Subsidized Electric Car Push and Regulatory Battles 
Why Bitcoin’s Rally Has Traders Eyeing $135K Amid Trump’s Crypto Policy Push and ETF Boom 
Ram’s First Electric Pickup Delayed Again: 1500 REV Aims to Redefine EV Trucks in 2025 
Bitcoin Continues To Dominate The Crypto Market, Just 10% Away From $100K 
Trump Names Crypto Champion Howard Lutnick as Commerce Secretary, Signaling Digital Shift 
I’ve studied organisational failure for decades – the Church of England needs more than a new leader 
Tobacco isn’t a good investment – study shows a decline in stock prices since 2016 
Bitcoin Hits $80,000 - Why Trump is Boosting Crypto? 
$250B Bitcoin Reserve? Pompliano’s Vision to Make US the King of Crypto 
Is Bitcoin’s Rally in Danger? Five Critical Signs Suggest Bull Run Could Be Nearing Its Peak 
HBAR, OM, and APE Tokens Gear Up for Rally as Binance Reveals Major Trading Pair Expansion 
Nvidia Shares Dip as Q4 Forecast Falls Short of Wall Street’s Lofty AI Hype 
VANCOUVER, British Columbia, March 15, 2018 -- Hootsuite, the world’s most widely used social media management platform trusted by more than 16 million customers and more than 80 percent of the Fortune 1000, announced it has entered into a credit financing agreement for up to US$50 million in growth capital from CIBC Innovation Banking.
“This financing is a testament to the strong fundamentals behind Hootsuite and our ongoing commitment to innovation and growth as the clear leader in social media management,” said Greg Twinney, CFO of Hootsuite. “The additional capital will help us scale even faster to bring the most innovative products and partnerships to market globally and help our customers strategically build their brands, businesses and customer relationships with social.”
The investment will enable Hootsuite to continue to expand in APAC, EMEA and LATAM; further verticalize its platform offering for key industries like financial services, government and healthcare; and double down on its industry-leading ecosystem through existing and new strategic partnerships and integrations.
Social media continues to proliferate and grow as a strategic tool for organizations across the globe to engage with their diverse clients and stakeholders,” said Mark McQueen, President & Executive Managing Director, CIBC Innovation Banking. “Helping companies innovate in order to meet their clients’ ever-evolving needs is core to our mission as we support them at all stages of their business, from startup, to global scale.”
“In the past year, Hootsuite has seen tremendous growth from acquisitions like AdEspresso, to strategic partnerships with market leaders such as Adobe, to recognitions such as being named a leader in the Forrester Wave and G2 Crowd,” said Ryan Holmes, CEO of Hootsuite. “This financing allows Hootsuite in continuing to create strong value for customers looking to unlock the power of social.”
More Information:
- Media Kit: https://hootsuite.com/about/media-kit
About Hootsuite
Hootsuite is the most widely used social media management platform, trusted by more than 16 million customers and more than 80 percent of the Fortune 1000. Hootsuite's unparalleled expertise, customer insights at scale, and collaborative ecosystem empower organizations large and small to strategically grow their brand, business, and customer relationships with social. To learn more, visit www.hootsuite.com.
Contact:
Ryan Tessier, @HootTessier
Corporate Communications
[email protected]
