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Hootsuite Says Company is Now Cash Flow Positive (as of July 2016), and Has 10 Million Users
Friday, August 5, 2016Company Profile | Follow Company
Vancouver, BC, August 5, 2016--(T-Net)--Bloomberg has written a feature article and update on local startup heavyweight and social relationship platform developers Hootsuite, featuring an in-person interview with founder and CEO Ryan Holmes.
In the article, Bloomberg reveals that Hootsuite has now become cash flow positive (as of July 2106) - an important milestone for the company, and that company also now has 10 million users, and serves over 800 of the Fortune 1000 companies among its customers.
The company's founder Ryan Holmes sees the company ultimately growing into a $10 billion company to compete with larger competitors, and an IPO may still be in the future, according to Bloomberg.
See Bloomberg's full in depth article on Hootsuite here.
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Editor's Note: Hootsuite is currently hiring extensively. See their open positions on T-Net here.
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About Hootsuite
Hootsuite is a social relationship platform that empowers users to execute social media strategies across their organizations. Our vision is to revolutionize communications; our mission is to empower our customers to transform messages into meaningful relationships.
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