OMERS Ventures Invests $20 Million in HootSuite
Launched in 2011, OMERS Ventures is up and running and made a $20 million investment in HootSuite. It is a secondary purchase from the company’s existing shareholders. It is one of the largest Canadian secondary venture capital deals in the past ten years. Early investors in HootSuite include Hearst Interactive Media, Blumberg Capital, Millennium Technology Ventures, and super angel investor Geoff Entress.
OMERS Ventures invests venture capital assets on behalf of OMERS pension fund.