San Francisco – Twitter has raised a new $200 million round
of venture capital financing, in a deal that values the company at $3.7
billion, All Things D reported, citing sources familiar with the deal. New
investor Kleiner Perkins Caufield & Byers is said to be the lead investor
in the round; other participants included previous backers Benchmark Capital,
Union Square Venture Partners, Spark Capital, several other firms and angel
investors.
San Francisco-based Twitter is also reportedly adding Flipboard CEO
Mike McCue and former DoubleClick CEO David Roseblatt to its board of
directors.
Founded in 2007, San Francisco-based Twitter said its users have
sent 25 billion tweets and registered more than 100 million new accounts in the
past 12 months, while the company’s team has grown from 130 to 350.
Related Links:
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(All Things D)
