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Hootsuite scores $165M from top Twitter investor | Internet & Media – CNET News

Hootsuite, a 4-year-old social media dashboard for businesses, has closed a $165 million round of funding at an undisclosed valuation. The round was led by Insight Venture Partners, a seasoned New York-based firm that pumped late-stage money into Tumblr and still holds a substantial stake in Twitter.

via Hootsuite scores $165M from top Twitter investor | Internet & Media – CNET News.

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Can an entrepreneur from Vernon, BC build Canada’s next billion-dollar tech company?

Great profile on Vernon-born entrepreneur, Ryan Holmes, on Canadian Business:

But for Canadians, what’s perhaps most interesting is Holmes’s unique pledge for a startup entrepreneur: he’s gone on the record vowing to build a billion-dollar company north of the 49th parallel. Canada’s tech industry is plagued with problems, not the least of which is a tendency for our startups to sell early.

Further down, the article talks about Holmes’ Vernon roots, and his early entrepreneurial ambition:

For Holmes, entrepreneurship has always been a way of life. He started his first business, a paintball company, in high school, and his second, a Vernon, B.C.–based pizza-by-the-slice joint called Growlies, in lieu of finishing his last year of business school at the University of Victoria. Eventually, he sold the restaurant and moved to Vancouver, where he spent a winter learning how to code. He put together a portfolio and got a job at a dot-com, which in 2000 “dot-bombed,” he says. That’s when he started his own digital services agency, Invoke Media, out of which HootSuite was born in 2008. HootSuite spun off as an independent company in December 2009, raised $1.9 million and continued its exponential growth, eclipsing Invoke.

via Is HootSuite Canada’s next billion-dollar tech titan?.