Goldin said he expects Hint do another private round of fundraising by the end of 2012.
Hint is looking to hire more sales people to make sure retailers understand the product and know how to better position it in stores.
"We're serving a need of people who want to drink more water but find plain water boring," said Theo Goldin, insisting Hint is not competing against bottled water.
Despite the challenges, he added he expects the business "to grow between 70 and 100 percent year-over-year for the next three to four years."
Image Courtesy: Hint