Thursday, September 24, 2009

Report: Twitter Closing On $100M Investment

A report from the WSJ says today that Twitter is near a deal to raised $100M, from an investor group that includes Insight Venture Partners, T. Rowe Price, and others. According to the report, the funding includes as many as seven investors, and includes prior investors Spark Capital and Institutional Venture Partner. The new round reportedly values twitter at about $1 billion.