Shoutlet Raises $15 Million

Madison based social media marketing company Shoutlet has raised $15 million in a Series C funding round. The round was lead by FTV Capital of San Francisco and New York. Shoutlet has raised a total of $24.2 million since launching in 2010, and plans to hire 100 people in the Madison area over the next year and a half. More information is available here.

Also in Shoutlet’s space, Buddy Media has recently been acquired by SalesForce.com for $689 million. Buddy Media previously acquired Capital Entrepreneurs alum company Spinback last year.