Twitter Confirms $100M in Funding

Twitter confirmed that it raised $100 million in funding from Insight Venture Partners, T. Rowe Price, Institutional Venture Partners, Spark Capital and Benchmark Capital, valuing the social-networking company at some $1 billion.

Co-founder Evan Williams wrote on the Twitter blog:

There’s a lot of talk today about our financing. A few hours ago, we closed a significant round of funding with a group of investment firms that we’re excited to publicly thank: Insight Venture Partners, T. Rowe Price, Institutional Venture Partners, Spark Capital and Benchmark Capital.

It

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