Posts Tagged ‘twitter funding’
Following a massive $800 million round of funding, Twitter board members Bijan Sabet and Fred Wilson, two of the company’s earliest investors, have both stepped down.
It’s the latest in a series of big employee changes at Twitter that have taken place since founder member Jack Dorsey resumed control of the company back in March.
Twitter has completed its latest round of funding – $200 million, which values the company at an impressive $3.7 billion.
They’ve also expanded their board, adding former Doubleclick head David Rosenblatt and Flipboard’s Mike McCue.
This new round of capital brings Twitter’s total funding to $360 million since the company was founded in 2006.
Read the full report at All Things D.