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.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More