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.

Sign up for Funding Daily: Get the latest funding news in your inbox every weekday.

Sprout Social is a social media management tool created to help businesses grow their social media presence. The web application integrates with multiple social networks where consumers are ... All Sprout Social news »

Track Sprout Social's Landscape to stay on top of the industry. Access the entire ecosystem, track innovation & deals. Learn more.