HootSuite Raises $165M Series B Round From Insight, Accel And OMERS To Go Large On Enterprise Social Media Monitoring

It was a little over a year ago when we reported that Vancouver-based HootSuite, the platform that lets enterprises manage social media accounts, was raising a $50 million round at a $500 million valuation.?Fast forward one year later it looks like investors are instead tripling down: HootSuite is today announcing a Series B round of funding of $165 million to take its business to the next level. This latest round -- led by?Insight Venture Partners with participation from Accel Partners and existing investor OMERS Ventures -- is one of the biggest for a startup this year, and brings the total raised by HootSuite to date to nearly $187 million.

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