The twitter app developer is backed by cloud-computing company Salesforce and SoftBank Capital.

Twitter app developer HootSuite has acquired rival social media platform Seesmic.

No details on the deal have been disclosed, but the price will be dependent on how many Seesmic users covert to HootSuite, according to news provider TechCrunch.

Prior to the deal, San Francisco-based Seesmic attracted $16m in total venture funding. In February 2011, the firm closed a $4m series C round from cloud-computing company Salesforce and SoftBank Capital, which was set up by the eponymous Japan-based conglomerate.  It closed…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?