Reports that Twitter was seeking a new round of funding were confirmed Monday, with the announcement on the Twitter blog of a “significant round of funding led by the venture firm DST Global, with the participation of several of our existing investors.”
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Today only, we're offering $100 off AllTwitter Marketing Conference, and $200 off a Combo Pass to attend AllFacebook Marketing Conference too. Just enter the code ONEDAY before midnight, and register here. AllThingsD is reporting that Twitter is set to close a $800 million round of funding within the next two weeks, which would put the company’s valuation at $8 billion – over double it’s December 2010 valuation of $3.7 billion.
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The Wall Street Journal is reporting that Twitter has entered a new round of private funding which puts its valuation at close to $7 billion – nearly double its valuation just six months ago.
It looks like Twitter influence is going to be a big deal in 2011. Klout has just closed its latest round of funding, bringing in $8.5M to fund its growing services.
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