Twitter Closes Its $100 Million Round

Erick Schonfeld

Erick Schonfeld is a technology journalist and the executive producer of DEMO. He is also a partner at bMuse, a product incubator in New York City. Schonfeld is the former Editor in Chief of TechCrunch. At TechCrunch, he oversaw the editorial content of the site, helped to program the Disrupt conferences and CrunchUps, produced TCTV shows, and wrote daily... → Learn More

Friday, September 25th, 2009

The big news yesterday was that Twitter raised another $100 million. Today, Twitter CEO Evan Williams confirms in a blog post that the company did indeed close a new round of funding. The new investors in the round are Insight Venture Partners and T. Rowe Price. Existing investors Institutional Venture Partners, Spark Capital and Benchmark Capital also put in more money. Update: Morgan Stanley is also a new investor in this round.

Williams did not disclose the size of the round or the valuation, but as we first reported earlier this month the valuation is believed to be $1 billion.

This latest round brings the total amount raised by the company to $155 million over the past two years.

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