Twitter valued at $250M

By Galen Moore

Spark Capital joins in Twitter’s $35M investment [February 16, 2009]

Boston VC firms add to Boxee’s $6M funding round [August 12, 2009]

TechStars bursts onto the Boston scene [March 27, 2009]

Spark Capital launches seed funding program Start@Spark [March 25, 2009]

Twitter Inc. has raised new venture capital financing and a $250 million valuation, according to published reports. Twitter’s last round, in June, was worth $15 million, and brought in Jeff Bezos’ Bezos Expeditions and Cambridge-based Spark Capital.

The new round will add California-based Institutional Venture Partners to Twitter’s investor group, the website TechCrunch reported, citing unnamed sources. It was unclear whether Spark planned to return to participate in the round. The report did not specify how much the new round will be worth to the California-based operator of the micro-blogging and social media site Twitter.com.

Twitter’s June round, the company’s third, brought in $15 million, and upped Twitter’s total investment backing to $20 million.

Spark general partner Bijan Sabet holds a seat on Twitter’s board of directors.

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.