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GADGETS AND GAMES DIRECTORY :: > Business Register Weblog >  Business Tech Weblogs - WEEKLYBITS.COM GADGETS AND GAMES DIRECTORY
Silicon Alley Insider
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Digital Business, Live From New YorkVisit Alley Insider
Address URLhttp://www.alleyinsider.com/    Registered: 22-Mar-2008
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Visit Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join in AMZN
By Silicon
el 24-Jun-2008

twitter.pngTwitter's long-rumored funding round is finally real: Spark Capital and Amazon (AMZN) founder Jeff Bezos (via Bezos Expeditions) led the round, with existing investors Union Square Ventures and Digital Garage also participating. Spark's Bijan Sabet, an active Tweeter, joins Twitter's board.

Co-founder Biz Stone didn't get into financial details on his blog post, but the numbers are probably similar to the ones floating around in May -- a $15 million round at a "bit less than" a $100 million valuation.

What will Twitter do with the money? Obviously the company's first priority is building out its infrastructure -- so Twitter can keep growing without the downtime and interruptions all too familiar to avid users.

"Twitter will become a sustainable business supported by a revenue model," Stone writes. "However, our biggest opportunities will be worth pursuing only when we achieve our vision of Twitter as a global communication utility. To reach our goal, Twitter must be reliable and robust."

By the way: The company says it's reworking the broken Flash service that powered our Community Twitter page; In the meantime, you can still follow our Tweets here: The human-powered SAI Twitter account; our automatic, articles-only feed; managing editor Peter Kafka; and myself, Dan Frommer.

See Also:
Twitter: Developers Love Us!
Ten News & Information Twitter Feeds You Should Follow
Corporate Twitters Worth Following - And Some You Should Avoid



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Analysts Lower Online Ad Estimates -- "Again!"

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14-Nov-2008
World Of Warcraft Frenzy: Two-Hour Lines For Lich King

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14-Nov-2008
Morgan Stanley (MS) Tells Employees To Stop Leaking To Press...So They Leak That

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13-Nov-2008

Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Twitter's long-rumored funding round is finally real: Spark Capital and Amazon (AMZN) founder Jeff Bezos (via Bezos Expeditions) led the round, with existing investors Union Square Ventures and Di [..] Read complete article
Subscribe to Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Published 24-Jun-2008 by Silicon in AMZN
Read 5 times. More hits in More articles Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join Images about Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

Open-Source Gadget Maker Bug Labs Closes Third Funding Round
NYC-based Bug Labs, which makes open-source mobile devices, has raised a third round of funding. Leading the round: Court Square Ventures. Existing investors Union Square Ventures and Spark Capital also participated. No fi [..] Read complete article
Subscribe to Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Published 14-Aug-2008 by Silicon in General
Read 1 times. More hits in More articles Open-Source Gadget Maker Bug Labs Closes Third Funding Round Images about Open-Source Gadget Maker Bug Labs Closes Third Funding Round
Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

Did Web Software Startup Aviary Get Jeff Bezos Money?
Is NYC-based Web software company Aviary one of Amazon (AMZN) founder Jeff Bezos' latest investments? Good catch by Valleywag's Owen Thomas: While Aviary hasn't announced funding, it's listed as an "Anno [..] Read complete article
Subscribe to Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Published 11-Sep-2008 by Silicon in AMZN
Read 2 times. More hits in More articles Did Web Software Startup Aviary Get Jeff Bezos Money? Images about Did Web Software Startup Aviary Get Jeff Bezos Money?
Silicon Alley Insider Blogger

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Jeff Bezos Invests $3 Million In Gaming Company Kongregate
Jeff Bezos - Jeff Bezos Invests $3 Million In Gaming Company Kongregate Jeff Bezos has pumped $3 million into social gaming Web called Kongregate, which the company will use to develop display advertising for its 4,000 games. This is via Bezos' personal investment vehicle, Bezos Expeditions. The Amazon (AMZN) founder has spread his some o [..] Read complete article
Subscribe to Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Published 30-Apr-2008 by Silicon in AMZN
Read 6 times. More hits in More articles Jeff Bezos Invests $3 Million In Gaming Company Kongregate Images about Jeff Bezos Invests $3 Million In Gaming Company Kongregate
Silicon Alley Insider Blogger

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Jeff Bezos, Marc Benioff Invest In Doctor Reservation Service ZocDoc (AMZN, CRM)
Yet more funding for Tribeca-based ZocDoc, the opentable-for-doctors service that lets you make medical appointments via the Web: Amazon (AMZN) founder Jeff Bezos and Salesforce.com (CRM) founder Marc Benioff are invest [..] Read complete article
Subscribe to Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Published 01-Oct-2008 by Silicon in AMZNCRM
Read 1 times. More hits in More articles Jeff Bezos, Marc Benioff Invest In Doctor Reservation Service ZocDoc (AMZN, CRM) Images about Jeff Bezos, Marc Benioff Invest In Doctor Reservation Service ZocDoc (AMZN, CRM)
Silicon Alley Insider Blogger

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Spark's New VC Koyfman, Like Everyone Else, Looking For The Next Winner In Advertising
Boston-based VC firm Spark Capital has already made plenty of bets on tech and media companies that plan to use advertising for some or all of their revenue, including Veoh, KickApps, I'minlikewithyou, 5min, Twitter [..] Read complete article
Subscribe to Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Published 15-Sep-2008 by Silicon in IACI
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Silicon Alley Insider Blogger

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iPhone Tool Developer Pinch Media Gets Funding Round
Pinch Media, a New York-based startup that makes free tools for iPhone software developers, landed an undisclosed funding round from Union Square Ventures and First Round Capital, as well as strategic angels Dave Morgan, Jerr [..] Read complete article
Subscribe to Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Published 29-May-2008 by Silicon in AAPL
Read 3 times. More hits in More articles iPhone Tool Developer Pinch Media Gets Funding Round Images about iPhone Tool Developer Pinch Media Gets Funding Round
Silicon Alley Insider Blogger

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Former IAC Exec Koyfman Lands At Spark Capital
Moshe ("Mo") Koyfman, former IAC exec, has a new job: Starting today, he's a VC at Boston-based Spark Capital. No details yet, but presumably Koyfman is the new partner that Spark's Bijan Sab [..] Read complete article
Subscribe to Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Published 02-Sep-2008 by Silicon in IACI
Read 1 times. More hits in More articles Former IAC Exec Koyfman Lands At Spark Capital Images about Former IAC Exec Koyfman Lands At Spark Capital
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StockTwits.com Closes Angel Funding
StockTwits.com, a Twitter- and Tumblr-powered financial bulletin board, has closed an angel round of financing. The site skims Twitter for messages people tag with stock symbols -- $GOOG for Google, for instance -- and aggregates them on a Tumblr site with stock charts, tags, and comments. StockTwit's investors include Wallstrip founder Howard Lindzon and Roger Ehrenberg -- both investor [..] Read complete article
Subscribe to Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Published 23-Sep-2008 by Silicon in General
Read 3 times. More hits in More articles StockTwits.com Closes Angel Funding Images about StockTwits.com Closes Angel Funding
Silicon Alley Insider Blogger

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Jeff Bezos Makes Yet Another Angel Investment: Social Gaming Network
jeffbezos3.jpg - Jeff Bezos Makes Yet Another Angel Investment: Social Gaming Network Amazon founder Jeff Bezos has invested an undisclosed amount of money in Social Gaming Network, a leading game developer on Facebook and other social networks. Bezos did the deal through [..] Read complete article
Subscribe to Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Published 14-Jul-2008 by Silicon in AMZN
Read 3 times. More hits in More articles Jeff Bezos Makes Yet Another Angel Investment: Social Gaming Network Images about Jeff Bezos Makes Yet Another Angel Investment: Social Gaming Network
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fav.or.it Founder Fires at Twitter and the Blogosphere, Fixes Twitter for Free
Image 0 en  - fav.or.it Founder Fires at Twitter and the Blogosphere, Fixes Twitter for Free Call it a modern anomaly, herd mentality or whatever else you want but Twitter seems to continue to grow in popularity as its downtime issues get more pronounced. Amidst recent news of a successful funding round, Twitter’s problems keep getting worse as buzz throughout the blogosphere questions Twitter’s staying power. Is it really that hard [...] [..] Read complete article
Subscribe to Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Published 27-May-2008 by Zach Epstein in NetworksServicesdowntimefav.or.itNick HalsteadstabilityTwitter
Read 5 times. More hits in More articles fav.or.it Founder Fires at Twitter and the Blogosphere, Fixes Twitter for Free Images about fav.or.it Founder Fires at Twitter and the Blogosphere, Fixes Twitter for Free
Silicon Alley Insider Blogger

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Social Investing Network Covestor Raises $6.5M from Union Square, Spark
Covestor, the London/NYC-based site that lets amateur stockpickers show off their portfolios, has raised a $6.5M Series A. Union Square Ventures and Spark Capital led the round, joined [..] Read complete article
Subscribe to Twitter Closes Funding Round: Spark Capital, Jeff Bezos Join
Published 07-Apr-2008 by Silicon in General
Read 7 times. More hits in More articles Social Investing Network Covestor Raises $6.5M from Union Square, Spark Images about Social Investing Network Covestor Raises $6.5M from Union Square, Spark

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