Hearsay Social Raises $30M for Bank-Focused Social Media App

The social media management software company Hearsay Social is having a good year. It announced Thursday that it has doubled its customer base and just got $30 million in Series C funds from existing investors Sequoia Capital and NEA.

“Large Fortune 100 companies are taking their social selling programs from optional to recommended to mandatory,” says CEO Clara Shih, who spoke with Bank Technology News late last night.

The new clients include Bank of the West and two Canadian banks.