The Wall Street Journal continued to speculate this morning that Vancouver-based Hootsuite has secured $35 million in new financing from a group led by Fidelity Investments.
The supposed financing will give Hootsuite, one of Canada’s most high-profile technology firms pegged to go public, an implied value of close to $800 million.
Last week Techvibes reported that a “Boston-based financial services company” was in talks with HootSuite about a pre-IPO investment. At the time Hootsuite CEO Ryan Holmes tweeted that he “can neither confirm nor deny” the paper’s report.
Today Hootsuite announced that their explosive growth continues and they have now surpassed 10 million users.