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Twitter

Using 140 character SMS updates, Twitter allows users to keep in touch with friends and family in real-time through its micro-blogging service. Users have their own profile page that displays their latest updates and can “follow” other Twitter users to get a continual flow of updated “tweets”. Twitter status updates can be updated on Twitter.com, via instant messenger, and via various third party applications. Twitter is a free service, though users may have to pay text messaging charges to the phone carriers. The number… more

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Company Overview

Using 140 character SMS updates, Twitter allows users to keep in touch with friends and family in real-time through its micro-blogging service. Users have their own profile page that displays their latest updates and can “follow” other Twitter users to get a continual flow of updated “tweets”. Twitter status updates can be updated on Twitter.com, via instant messenger, and via various third party applications. Twitter is a free service, though users may have to pay text messaging charges to the phone carriers. The number of active Twitter users has increased 900% in a year. As of April 2010, Twitter reported 100 million users worldwide.

Twitter has received funding of approximately $55 million from Charles River Ventures, Union Square Ventures, Spark Capital, and Benchmark Capital among others.

  • CEO:
    Evan Williams
  • HQ:

    San Francisco, CA

  • Capital Raised:

    $55.7M

Financings

    Round 5

    Type: Series E
    Date: September-2009
    Total Investment: $98,200,000.00
    Investors:
    • Insight Venture Partners
    • T. Rowe Price
    • Institutional Venture Partners
    • Spark Capital
    • Benchmark Capital
    • Morgan Stanley

    Round 4

    Type: Series D
    Date: February-2009
    Total Investment: $35,700,000.00
    Investors:
    • Benchmark Capital
    • Institutional Venture Partners
    • Union Square Ventures
    • Digital Garage
    • Spark Capital

    Round 3

    Type: Series C
    Date: May-2008
    Total Investment: $17,400,000.00
    Investors:
    • Spark Capital
    • Bezos Expeditions
    • Digital Garage
    • Union Square Ventures

    Round 2

    Type: Series B
    Date: July-2009
    Total Investment: $5,500,000.00
    Investors:
    • Charles River Ventures
    • Union Square Ventures

    Round 1

    Type: Series A
    Date: July-2009
    Total Investment: $100,000.00

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