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.
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CEO:
Evan Williams
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HQ:
San Francisco, CA
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Capital Raised:
$55.7M
Financings
- Type: Series E
- Date: September-2009
- Total Investment: $98,200,000.00
- Investors:
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- Insight Venture Partners
- T. Rowe Price
- Institutional Venture Partners
- Spark Capital
- Benchmark Capital
- Morgan Stanley
- Type: Series D
- Date: February-2009
- Total Investment: $35,700,000.00
- Investors:
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- Benchmark Capital
- Institutional Venture Partners
- Union Square Ventures
- Digital Garage
- Spark Capital
- Type: Series C
- Date: May-2008
- Total Investment: $17,400,000.00
- Investors:
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- Spark Capital
- Bezos Expeditions
- Digital Garage
- Union Square Ventures
- Type: Series B
- Date: July-2009
- Total Investment: $5,500,000.00
- Investors:
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- Charles River Ventures
- Union Square Ventures
- Type: Series A
- Date: July-2009
- Total Investment: $100,000.00
Round 5
Round 4
Round 3
Round 2
Round 1
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