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Seesmic

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Sep 2012

HootSuite acquires Seesmic

Acquisition0 Comments

The companies don’t disclose valuation. Seesmic’s latest incarnation, as a social media cross-posting tool, is in line with HootSuite’s business. VentureBeat reports that Seesmic has 30,000-40,000 uniques a month and may be treated as a new product by HootSuite. HootSuite CEO Holmes:

I have always had a lot of respect for Seesmic’s CEO, Loïc Le Meur, and the role Seesmic has played in advancing social business. We are thrilled to welcome Seesmic’s users into the HootSuite family.

6 Sep, 2012

Seesmic acquisition rumored $15m

0 Comments

The company doesn’t specify the price but notes market rumors. HootSuite CEO Holmes:

There’s been a lot of speculation on that, but we’re not commenting. Some have guessed in the $15 million range to the low millions, but we’re not releasing the number. However, the more Seesmic users we convert over to HootSuite users, the higher the price will be.