Published On: Wed, Feb 17th, 2016

Sprout Social digs up $42M, led by Goldman Sachs, for its social media engagement solution

An employee checks U.S. dollar bank-notes at a bank in Hanoi, Vietnam cash money


Social media engagement startup Sprout Social announced today that it closed a $ 42 million series C round led by the Merchant Banking Division of Goldman Sachs.

Sprout Social, which offers social media analytics and advocacy to Uber, Marvel, Microsoft, and Zipcar, said the investment will help the “expansion of both its products and customer base.”

New Enterprise Associates also participated in the round for the Chicago company.

Sprout Social has raised at least $ 60 million to date.


Sign up for Funding Daily: Get the latest funding news in your inbox every weekday.




VentureBeat

Comments are closed.

Most Popular Posts

Categories