Twitter raised $15MM at an $80MM pre!

May 22, 2008

Om has the scoop on Twitter’s latest funding round.  It was no coincidence that I just started my Twitter experiment, as the company closed on a $15MM round yesterday that Om is reporting was raised at an $80MM pre-money valuation.  The company had reportedly raised $5MM previously.  The round is being shared by new and previous investors including Union Square Ventures. I hope the new capital means less of this:

Comments

One Response to “Twitter raised $15MM at an $80MM pre!”

  1. Curvezilla Says:

    I think they read our comments on building a Twitter killer and got really nervous ;-)

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