Twitter, popular messaging service, gets cash
[Update 12/11: Twitter filed regulatory papers saying it had raised $4.8 million in a second round of funding, and that it possibly raise a total of $5.4 million]
Confirming what we first reported earlier this week, the fast-growing Twitter messaging service has raised a new round of funding.
The San Francisco company, which has become popular among people wanting to update online what they are doing at any given point of time, has announced the lead investor on the deal, which we hadn’t known earlier: Union Square Ventures, of New York.
The amount was undisclosed. Other investors include CRV, Marc Andreessen, Dick Costolo, Ron Conway, and Naval Ravikant, among others.
Union Square’s Fred Wilson blogs about it here.
This is an well-timed present for Evan Williams, owner of Obvious, the original parent of Twitter and now large stakeholder, who is getting married tomorrow.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
