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:


Local
May 22nd, 2008 at 7:52 am
I think they read our comments on building a Twitter killer and got really nervous ;-)