Sprout Social digs up $42M, led by Goldman Sachs, for its social media engagement solution

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.”

[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1877504,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"A"}']

New Enterprise Associates also participated in the round for the Chicago company.

Sprout Social has raised at least $60 million to date.