Report: Twitter Raising New Cash
Twitter reportedly is raising at least $20 million in Series D funding at a valuation of approximately $250 million, according to a report on TechCrunch. Institutional Venture Partners is believed to be leading the deal, with return backers Spark Capital and Union Square Ventures also participating. The size of Twitter's last round was undisclosed, although a regulatory filing suggested that it was approximately $17 million (earlier reports pegged it at $15m).
25 January 2009•1 min read
