With Twitter making waves all across the internet, it's interesting to note that with not any revenue income, the company has raised millions of dollars from venture capitalists. The exact amounts of funding have not been made public yet but the total stands at around US$ 57 million under different rounds and the highest being $35 million from Institutional Venture Partners and Benchmark Capital. Some VCs who have invested money in Twitter are Benchmark Capital, Bezos Expeditions, Digital Garage, Institutional Venture Partners, Spark Capital & Union Square Ventures.
Wednesday, September 2, 2009
Twitter - The 100% VC online business
With Twitter making waves all across the internet, it's interesting to note that with not any revenue income, the company has raised millions of dollars from venture capitalists. The exact amounts of funding have not been made public yet but the total stands at around US$ 57 million under different rounds and the highest being $35 million from Institutional Venture Partners and Benchmark Capital. Some VCs who have invested money in Twitter are Benchmark Capital, Bezos Expeditions, Digital Garage, Institutional Venture Partners, Spark Capital & Union Square Ventures.
