Friday 25 September 2009

BBC NEWS | Technology | Twitter confirms major cash boost



Social networking website Twitter has confirmed that it has closed a "significant round of funding".

Co-founder Evan Williams said in a blog post that the site had secured money from five investment firms.

However, he did not confirm earlier reports that suggested the firm had managed to secure $100 million (£62m), which would value the firm at $1bn.


BBC NEWS | Technology | Twitter confirms major cash boost
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