tech:

taffy

HootSuite Raises $165 Million Series B Round

hootsuiteSocial media dashboard company HootSuite has raised $165 million in a Series B Financing round. The investment was led by Insight Venture Partners, with participation from Accel Partners and existing investor, Omers Ventures. The investment represents the largest deal ever in Canadian venture capital history for a software company.

Jeff Leiberman, manager director at Insight Venture Partners, Ryan Sweeney, managing partner at Accel Partners, and John Ruffolo, CEO of Omers Ventures have joined HootSuite’s board of directors.

HootSuite will use the financing to expand its global reach, as well as for product growth and sales/marketing resources, among other things. The company is also evaluating strategic acquisition opportunities.

HootSuite lets users manage multiple social networks, schedule messages and tweets, and track brand mentions, among other things. Recently celebrating its fourth birthday, HootSuite has over 7 million users worldwide, according to its website. Hootsuite enterprise customers include PepsiCo, Virgin, Orange, Sony Music, and HBO, among others. Over the last year, HootSuite has grown its staff from 180 to over 300 people.

[Image courtesy: Hootsuite]

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.