Startup news round-up: May 4, 2012

Vancouver-based social media management system HootSuite is looking to social media giants, LinkedIn, Facebook, Witter and Google to help the company raise a $50 million round at a $500 million valuation, according to reports from Tech Crunch.

Web giants investing in HootSuite?

Facebook, Google, LinkedIn and Twitter, according to Tech Crunch’s Ingrid Lunden, were described by her source as having a “great relationship” with HootSuite. The source said HootSuite wanted an arrangement that would give all parties an “upside in HootSuite’s success.”

In March this year, OMERS Ventures, a Canadian VC firm, had taken a $20 million stake in HootSuite. Before that HootSuite had investments worth $4.9 million ($3 million in debt and only $1.9 million in capital investment).

Ingrid LundenTech Crunch

Digital Alberta Awards

Entrepreneurs, innovators and inventors have until May 14 to submit their entries to the Digital Alberta Awards.

The program, which is now on its second year, recognizes leaders in innovation, creativity and the digital sector of Alberta. This year, two new awards have been added to the program’s 16 categories:

  • Best Campaign by Media Outlet – Recognizes excellence in an interactive, innovative website or online campaign by a traditional media outlet (Newspapers, Broadcast Television, Radio and/or Magazines) on digital platforms, including mobile.
  • People’s Choice Award – Most inspirational digital leader – Recognizes a outstanding leader who’s worki tirelessly to benefit and shine a light on the diverse and amazing digital industry in Alberta.

To submit your work for a 2012 Digital Alberta Award or to purchase a ticket to attend the awards visit For more info, contact: Digital Alberta, Jo-Anne Douthwaite

SherWeb launches SkyOffice

SheWeb, a Montreal-based hosted services provider, today announced the launch of a cloud-based collaboration suite designed specially for small and medium businesses.

SherWeb said its SkyOffice service is the only “comprehensive Office 365hosted solution for SMBs. It offers Microsoft Office 365 core functionalities, including Microsoft Exchange 2010, Lync 2010 and SharePoint 2010, phone and tablet synchronization, and other features, according to Techvibes.

Mathew Cessar, co-founder and executive vice-president of SherWeb, said SkyOffice will provide SMB owners an affordable and efficient communication and collaboration sutite with 24/7 support.

Techvibes Newsdesk

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