Hedge Fund News From HedgeCo.Net


Twitter lures in an unusual backer

Total Telecom – Twitter Inc., the latest Silicon Valley start-up to stir up investor excitement based on lofty expectations and an unformed business model, has a new backer that’s been a relative stranger to venture capital in recent years: T. Rowe Price Group Inc.

Twitter disclosed its new funding round on Friday, in a brief message posted on a company Web site. Evan Williams, a co-founder of the Internet microblogging service, confirmed that in addition to T. Rowe Price, other investors in the round include Insight Venture Partners, Institutional Venture Partners and other venture capital firms.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated and tagged , , , , . Bookmark the permalink.

Leave a Reply